EML icon

Eastern Company

27.59 USD
-0.40
1.43%
At close Dec 20, 4:00 PM EST
After hours
27.59
+0.00
0.00%
1 day
-1.43%
5 days
-3.90%
1 month
-2.20%
3 months
-13.51%
6 months
7.90%
Year to date
26.79%
1 year
31.57%
5 years
-9.00%
10 years
61.35%
 

About: The Eastern Co manages industrial businesses that design, manufacture, and sell engineered solutions to industrial markets. The company manages the financial, operational, and strategic performance of its businesses to increase cash generation, operating earnings, and long-term shareholder value. It operates in the United States and Other Countries and generates the majority of its revenue from the United States.

Employees: 1,199

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

433% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 3

47% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 15

28% more capital invested

Capital invested by funds: $116M [Q2] → $148M (+$32.3M) [Q3]

24% more funds holding

Funds holding: 55 [Q2] → 68 (+13) [Q3]

0.24% more ownership

Funds ownership: 73.2% [Q2] → 73.44% (+0.24%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for EML.

Financial journalist opinion

Neutral
Seeking Alpha
1 month ago
The Eastern Company (EML) Q3 2024 Earnings Call Transcript
The Eastern Company (NASDAQ:EML ) Q3 2024 Earnings Call Transcript November 6, 2024 11:00 AM ET Company Participants Marianne Barr - Treasurer & Secretary James Mitarotonda - Chairman of the Board Nicholas Vlahos - Vice President and Chief Financial Officer Conference Call Participants Operator Good morning and welcome to the Eastern Company's Third Quarter Fiscal Year 2024 Earnings Call. [Operator Instructions] Please note this conference is being recorded.
The Eastern Company (EML) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Eastern's Q3 Earnings Surge 36% Y/Y on Packaging Demand
EML posts strong Q3 growth, with EPS and net sales rising 36% and 15%, respectively, driven by demand in transport packaging, despite higher SG&A expenses.
Eastern's Q3 Earnings Surge 36% Y/Y on Packaging Demand
Neutral
Accesswire
1 month ago
The Eastern Company Reports Third Quarter 2024 Results
ANNOUNCES A NEW CEO Net sales from continuing operations increase to $71.3 million in Q3 2024 compared to $62.0 million in Q3 2023 Gross margin from continuing operations increases to 25.5% in Q3 2024 compared to 24.9% in Q3 2023 Earnings per diluted share from continuing operations increase 36% to $0.75 in Q3 2024 compared to $0.55 in Q3 2023 Eastern advances its business transformation by reporting Big 3 Mold business as discontinued operations Eastern announces transition to new CEO – Ryan Schroeder SHELTON, CT / ACCESSWIRE / November 5, 2024 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced the results of operations for the third fiscal quarter ended September 28, 2024 and that its Board of Directors has named Ryan Schroeder the Company's next Chief Executive Officer, effective November 6, 2024. Mr. Schroeder, a seasoned executive with a proven history of leading manufacturing companies to sustained long-term growth, will succeed Mark Hernandez as CEO.
The Eastern Company Reports Third Quarter 2024 Results
Neutral
Accesswire
1 month ago
The Eastern Company Declares 337th Consecutive Quarterly Cash Dividend
SHELTON, CT / ACCESSWIRE / October 30, 2024 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable December 13, 2024, to common shareholders of record as of November 15, 2024. This dividend represents the Company's 337th consecutive quarterly dividend.
The Eastern Company Declares 337th Consecutive Quarterly Cash Dividend
Neutral
Accesswire
1 month ago
The Eastern Company Announces Timing of Third Quarter Fiscal Year 2024 Earnings Release and Conference Call
SHELTON, CT / ACCESSWIRE / October 21, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, will release financial results for the third quarter fiscal year 2024 after the market close on Tuesday, November 5, 2024. Management will hold a conference call and webcast on Wednesday, November 6, 2024 at 11:00 a.m.
The Eastern Company Announces Timing of Third Quarter Fiscal Year 2024 Earnings Release and Conference Call
Neutral
Seeking Alpha
4 months ago
The Eastern Company (EML) Q2 2024 Earnings Call Transcript
The Eastern Company (NASDAQ:EML ) Q2 2024 Results Conference Call August 7, 2024 11:00 AM ET Company Participants Marianne Barr - Treasurer & Corporate Secretary Mark Hernandez - President, CEO & Director Nicholas Vlahos - CFO & VP Operator Greetings. Welcome to the Eastern Company's Second Quarter Fiscal Year 2024 Earnings Call.
The Eastern Company (EML) Q2 2024 Earnings Call Transcript
Positive
Zacks Investment Research
4 months ago
Eastern (EML) Q2 Earnings Rise Y/Y on Strong Truck Mirror Sales
Eastern (EML) posted second-quarter fiscal 2024 net income per share of 56 cents, a nearly 155% increase from the prior-year quarter, driven by robust demand in key product lines and strategic adjustments.
Eastern (EML) Q2 Earnings Rise Y/Y on Strong Truck Mirror Sales
Neutral
Accesswire
4 months ago
The Eastern Company Reports Second Quarter 2024 Results
Net income for Q2 2024 rises to $3.5 million, or $0.56 per diluted share, compared to net income of $1.4 million, or $0.22 per diluted share, for Q2 2023. Gross margin increases to 25% in Q2 2024 compared to 22% in Q1 2023.
The Eastern Company Reports Second Quarter 2024 Results
Neutral
Accesswire
4 months ago
The Eastern Company Declares 336th Consecutive Quarterly Cash Dividend
SHELTON, CT / ACCESSWIRE / July 31, 2024 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable September 13, 2024, to common shareholders of record as of August 15, 2024. This dividend represents the Company's 336th consecutive quarterly dividend.
The Eastern Company Declares 336th Consecutive Quarterly Cash Dividend
Neutral
Accesswire
5 months ago
The Eastern Company Announces Addition to the Russell 3000(R) and Russell 2000(R) Indexes
SHELTON, CT / ACCESSWIRE / July 1, 2024 / The Eastern Company ("Eastern") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, announced today that the company has been added as a member of the broad-market Russell 3000® Index and the Russell 2000® Index, effective today after the US equity markets open, as part of the 2024 Russell indexes reconstitution. "We are pleased to be included in the Russell 3000® index and to be added to the Russell 2000® Index, a widely used performance benchmark for emerging U.S. companies," said Eastern's President and CEO Mark Hernandez.
The Eastern Company Announces Addition to the Russell 3000(R) and Russell 2000(R) Indexes
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