EASTERN CO EML
COM · Common Stock · CUSIP 276317104
- SectorIndustrials
- IndustryCutlery, Handtools & General Hardware
- HeadquartersShelton, CT
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($441.6k this quarter). Holder counts are more reliable. Shares outstanding: 6.2m as of 2023-07-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $18.03.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 39 |
| Q4 2022 | 38 |
| Q1 2023 | 40 |
| Q2 2023 | 40 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 10 | 10 |
| Q1 2023 | 20 | 10 |
| Q2 2023 | 16 | 10 |
Biggest buyers
| Forager Capital Management, LLC | Added | +30.4k |
| Empowered Funds, LLC | New | +12.2k |
| WELLS FARGO & COMPANY/MN | Added | +5.8k |
| GAMCO INVESTORS, INC. ET AL | Added | +5.0k |
| Minerva Advisors LLC | Added | +4.0k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +3.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +3.6k |
| BlackRock Inc. | Added | +3.0k |
| ROYAL BANK OF CANADA | Added | +2.8k |
| WITTENBERG INVESTMENT MANAGEMENT, INC. | Added | +1.3k |
Biggest sellers
| DIMENSIONAL FUND ADVISORS LP | Reduced | -20.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -12.6k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | Sold out | -10.5k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -10.1k |
| UBS Group AG | Reduced | -1.1k |
| VANGUARD GROUP INC | Reduced | -1.1k |
| Bank of New York Mellon Corp | Reduced | -584 |
| OSAIC HOLDINGS, INC. | Reduced | -500 |
| Tower Research Capital LLC (TRC) | Reduced | -59 |
| MORGAN STANLEY | Reduced | -38 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
BARINGTON COMPANIES MANAGEMENT, LLC
13D · may seek influence
filed 2026-03-18
Stated purposeThe information contained in Item 4 of the Statement is hereby amended and supplemented as follows: Barington Companies Equity Partners, L.P. acquired the shares of Common Stock over which they exercise beneficial ownership for portfolio management purposes. Mr. Mitartonda is also individually the beneficial owner of 44,511 shares of Common Stock granted to him under The Eastern Company's Directors Fee Program. Except as stated in response to this Item 4, the Reporting Persons have no current plans or proposals with respect to the Issuer or its securities enumerated in paragraphs (a) through (j) of this Item 4 to the form Schedule 13D promulgated under the Act. Notwithstanding the foregoing, the Reporting Persons may determine, from time to time in the future, based on market and general … Full filing |
11.4% |
| Minerva Advisors LLC 13G · passive investor no change · filed 2026-02-17 | 8.8% |
| GAMCO INVESTORS, INC. ET AL 13D · may seek influence filed 2025-01-22 | 8.1% |
Fell to 5% or below in the last year: BlackRock, Inc. (0.7%, 2026-07-28)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 4 | $1.3m | 0 | — | — |
| Q1 2022 | 1 | $2.4k | 0 | — | — |
| Q2 2022 | 2 | $157.8k | 0 | — | — |
| Q3 2022 | 1 | $2.4k | 0 | — | — |
| Q4 2022 | 1 | $2.5k | 0 | — | — |
| Q1 2023 | 4 | $177.7k | 0 | — | — |
| Q2 2023 | 2 | $33.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-15 | Vlahos Nicholas Alec Chief Financial Officer | Bought | $382 shares |
| 2023-05-12 | HENRY CHARLES W Director · Donald W. Henry Trust | Bought | $16.6k1.0k shares |
| 2023-05-12 | HENRY CHARLES W Director · Jean V. S. Henry Trust | Bought | $16.6k1.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BARINGTON COMPANIES MANAGEMENT, LLC 19.02% of their portfolio | 630.1k $11.4m | Unchanged |
| Forager Capital Management, LLC 3.34% of their portfolio | 553.5k $10.0m | Added +30.4k |
| GAMCO INVESTORS, INC. ET AL 0.10% of their portfolio | 546.4k $9.9m | Added +5.0k |
| Minerva Advisors LLC 5.00% of their portfolio | 413.2k $7.2m | Added +4.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 386.9k $7.0m | Reduced -20.0k |
| Teton Advisors, Inc. 1.49% of their portfolio | 295.0k $5.3m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 263.6k $4.8m | Reduced -1.1k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 217.0k $3.9m | Unchanged |
| GABELLI FUNDS LLC 0.02% of their portfolio | 175.1k $3.2m | Added +533 |
| North Star Investment Management Corp. 0.24% of their portfolio | 165.3k $3.0m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 130.8k $2.4m | Added +3.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 126.9k $2.3m | Added +5.8k |
| Ancora Advisors LLC 0.03% of their portfolio | 67.8k $1.2m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 57.6k $1.0m | Added +3.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 53.6k $969.8k | Added +372 |
| BlackRock Inc. 0.00% of their portfolio | 28.8k $520.5k | Added +3.0k |
| WITTENBERG INVESTMENT MANAGEMENT, INC. 0.15% of their portfolio | 23.2k $420.5k | Added +1.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 20.1k $362.7k | Reduced -584 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 19.0k $343.0k | Added +2.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 18.2k $328.8k | Added +1.0k |
| STATE STREET CORP 0.00% of their portfolio | 17.1k $309.0k | Unchanged |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.00% of their portfolio | 16.8k $304.1k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 15.3k $275.9k | Added +346 |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 14.5k $263.0k | Unchanged |
| Empowered Funds, LLC 0.01% of their portfolio | 12.2k $220.8k | New |
| EA Series Trust 0.01% of their portfolio | 12.2k $220.8k | First filing |
| RBF Capital, LLC 0.01% of their portfolio | 12.2k $219.6k | Unchanged |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.00% of their portfolio | 7.0k $126.6k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 3.6k $65.7k | Reduced -1.1k |
| MORGAN STANLEY 0.00% of their portfolio | 3.3k $59.4k | Reduced -38 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.4k $25.1k | Reduced -500 |
| US BANCORP \DE\ 0.00% of their portfolio | 1.0k $18.1k | Unchanged |
| SOA Wealth Advisors, LLC. 0.00% of their portfolio | 936 $16.9k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 572 $10.3k | Reduced -59 |
| Cove Street Capital, LLC 0.00% of their portfolio | 428 $7.7k | Added +118 |
| IFP Advisors, Inc 0.00% of their portfolio | 100 $2.4k | New |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 100 $1.8k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 61 $1.1k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3 $54 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |