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 ($418.6k this quarter). Holder counts are more reliable. Shares outstanding: 6.2m as of 2024-06-29, 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 ≈ $25.43.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 39 |
| Q4 2022 | 38 |
| Q1 2023 | 40 |
| Q2 2023 | 40 |
| Q3 2023 | 41 |
| Q4 2023 | 43 |
| Q1 2024 | 50 |
| Q2 2024 | 56 |
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 |
| Q3 2023 | 12 | 15 |
| Q4 2023 | 23 | 10 |
| Q1 2024 | 20 | 18 |
| Q2 2024 | 35 | 23 |
Biggest buyers
| BlackRock Inc. | Added | +221.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +65.3k |
| STATE STREET CORP | Added | +51.1k |
| VICTORY CAPITAL MANAGEMENT INC | New | +46.7k |
| VANGUARD GROUP INC | Added | +25.6k |
| AMERICAN CENTURY COMPANIES INC | New | +24.8k |
| Invesco Ltd. | New | +14.9k |
| Bank of New York Mellon Corp | Added | +14.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +14.0k |
| Minerva Advisors LLC | Added | +10.4k |
Biggest sellers
| Forager Capital Management, LLC | Reduced | -224.9k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -39.5k |
| JANE STREET GROUP, LLC | Sold out | -24.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -20.2k |
| Teton Advisors, Inc. | Reduced | -17.6k |
| BANK OF MONTREAL /CAN/ | Sold out | -14.4k |
| Empowered Funds, LLC | Reduced | -14.3k |
| Qube Research & Technologies Ltd | Sold out | -13.8k |
| North Star Investment Management Corp. | Reduced | -11.5k |
| GOLDMAN SACHS GROUP INC | Sold out | -10.4k |
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 2024
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 2022 | 1 | $2.4k | 0 | — | — |
| Q4 2022 | 1 | $2.5k | 0 | — | — |
| Q1 2023 | 4 | $177.7k | 0 | — | — |
| Q2 2023 | 2 | $33.2k | 0 | — | — |
| Q3 2023 | 3 | $228.6k | 0 | — | — |
| Q4 2023 | 3 | $286.9k | 0 | — | — |
| Q1 2024 | 1 | $56 | 0 | — | — |
| Q2 2024 | 2 | $97.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-17 | Vlahos Nicholas Alec Chief Financial Officer | Bought | $33913 shares |
| 2024-05-17 | Hernandez Mark Anthony Chief Executive Officer, director | Bought | $28.8k959 shares |
| 2024-05-16 | Hernandez Mark Anthony Chief Executive Officer, director | Bought | $67.9k2.3k 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 2024
| Manager | Shares | Change |
|---|---|---|
| BARINGTON COMPANIES MANAGEMENT, LLC 18.37% of their portfolio | 630.1k $16.0m | Unchanged |
| GAMCO INVESTORS, INC. ET AL 0.14% of their portfolio | 514.6k $13.1m | Added +2.8k |
| Minerva Advisors LLC 8.35% of their portfolio | 499.0k $12.5m | Added +10.4k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 386.3k $9.8m | Added +8.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 290.0k $7.4m | Added +25.6k |
| Teton Advisors, Inc. 2.71% of their portfolio | 254.3k $6.5m | Reduced -17.6k |
| BlackRock Inc. 0.00% of their portfolio | 247.6k $6.3m | Added +221.1k |
| Forager Capital Management, LLC 2.65% of their portfolio | 243.0k $6.2m | Reduced -224.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 222.8k $5.7m | Added +5.8k |
| GABELLI FUNDS LLC 0.03% of their portfolio | 173.1k $4.4m | Reduced -300 |
| North Star Investment Management Corp. 0.26% of their portfolio | 137.9k $3.5m | Reduced -11.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 137.4k $3.5m | Added +1.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 126.7k $3.2m | Added +65.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 120.5k $3.1m | Reduced -2.5k |
| Ancora Advisors LLC 0.04% of their portfolio | 69.0k $1.8m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 63.1k $1.6m | Added +51.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 57.8k $1.5m | Added +1.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 52.3k $1.3m | Added +14.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 46.7k $1.2m | New |
| De Lisle Partners LLP 0.19% of their portfolio | 35.3k $891.7k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 24.8k $632.3k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 22.5k $573.0k | Added +2.0k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 20.1k $513.0k | Added +5.6k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.00% of their portfolio | 20.0k $509.4k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 16.9k $431.4k | Added +1.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 16.6k $422.7k | Reduced -5.5k |
| Empowered Funds, LLC 0.01% of their portfolio | 16.4k $418.6k | Reduced -14.3k |
| Invesco Ltd. 0.00% of their portfolio | 14.9k $379.1k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 14.0k $357.1k | New |
| WITTENBERG INVESTMENT MANAGEMENT, INC. 0.09% of their portfolio | 10.2k $260.7k | Reduced -302 |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 9.3k $237.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 8.9k $225.7k | Reduced -5.9k |
| UBS Group AG 0.00% of their portfolio | 5.3k $135.1k | Added +531 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 5.3k $134.0k | New |
| STRS OHIO 0.00% of their portfolio | 5.0k $127.3k | New |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.00% of their portfolio | 4.5k $137.2k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 4.4k $113.1k | Reduced -4.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 4.4k $110.0k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 4.1k $104.4k | New |
| COMERICA BANK 0.00% of their portfolio | 3.6k $92.5k | Unchanged |
| Corebridge Financial, Inc. 0.00% of their portfolio | 2.8k $71.3k | First filing |
| FMR LLC 0.00% of their portfolio | 2.8k $70.6k | Added +1.8k |
| BARCLAYS PLC 0.00% of their portfolio | 1.8k $46.4k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 1.3k $34.3k | New |
| CITIGROUP INC 0.00% of their portfolio | 1.2k $29.7k | Reduced -4.7k |
| SOA Wealth Advisors, LLC. 0.00% of their portfolio | 936 $23.8k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 907 $23.1k | Added +846 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 690 $17.6k | Added +100 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 510 $13.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 447 $11.3k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 377 $9.6k | New |
| Cove Street Capital, LLC 0.01% of their portfolio | 288 $7.0k | Reduced -256 |
| INNEALTA CAPITAL, LLC 0.00% of their portfolio | 203 $5.2k | New |
| AMALGAMATED BANK 0.00% of their portfolio | 180 $5.0k | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 156 $3.0k | Added +113 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |