De Lisle Partners LLP Acquires Shares of 47,988 Eastern Company (The) $EML

Posted by Brian Himes on Aug 23rd, 2026

De Lisle Partners LLP acquired a new position in shares of Eastern Company (The) (NASDAQ:EML – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 47,988 shares of the industrial products company’s stock, valued at approximately $1,336,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in shares of Eastern by 43.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 20,533 shares of the industrial products company’s stock valued at $520,000 after purchasing an additional 6,219 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Eastern by 7.1% in the 1st quarter. Empowered Funds LLC now owns 31,855 shares of the industrial products company’s stock valued at $807,000 after purchasing an additional 2,100 shares during the period. Strs Ohio purchased a new position in Eastern during the 1st quarter worth approximately $127,000. Geode Capital Management LLC grew its stake in Eastern by 6.3% during the 2nd quarter. Geode Capital Management LLC now owns 138,918 shares of the industrial products company’s stock worth $3,171,000 after buying an additional 8,205 shares during the last quarter. Finally, First Trust Advisors LP increased its position in Eastern by 3.5% during the second quarter. First Trust Advisors LP now owns 18,455 shares of the industrial products company’s stock worth $421,000 after buying an additional 617 shares during the period. Institutional investors and hedge funds own 76.99% of the company’s stock.

Eastern Price Performance

Shares of NASDAQ:EML opened at $25.10 on Friday. The company has a 50-day simple moving average of $25.01 and a 200-day simple moving average of $22.07. Eastern Company has a one year low of $17.61 and a one year high of $29.91. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.32 and a current ratio of 2.80. The stock has a market capitalization of $151.10 million, a price-to-earnings ratio of 18.73 and a beta of 0.84.

Eastern (NASDAQ:EML – Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.52). Eastern had a return on equity of 3.38% and a net margin of 3.44%.The company had revenue of $61.82 million for the quarter, compared to analysts’ expectations of $73.69 million.

Eastern Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Friday, August 14th. Eastern’s dividend payout ratio (DPR) is presently 32.84%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on EML shares. Wall Street Zen upgraded Eastern from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Weiss Ratings restated a “hold (c)” rating on shares of Eastern in a research report on Wednesday, June 24th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

View Our Latest Report on EML

Insiders Place Their Bets

In related news, Director James A. Mitarotonda bought 1,679 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were acquired at an average price of $21.40 per share, with a total value of $35,930.60. Following the completion of the acquisition, the director owned 46,190 shares in the company, valued at approximately $988,466. This trade represents a 3.77% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Everets purchased 1,310 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were bought at an average price of $21.40 per share, with a total value of $28,034.00. Following the purchase, the director directly owned 142,504 shares of the company’s stock, valued at approximately $3,049,585.60. The trade was a 0.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 13,264 shares of company stock valued at $285,179. 18.40% of the stock is owned by company insiders.

Eastern Profile

(Free Report)

Eastern (NASDAQ:EML), based in West Haven, Connecticut, is a diversified industrial manufacturer specializing in secure hardware and metal finishing services. The company operates through two primary segments: Industrial Hardware Products and Security Products, complemented by a Metal Coatings division. Its Industrial Hardware Products segment produces cold-headed fasteners, forgings, hinges and precision components for heavy commercial vehicles, hydraulic cylinders and industrial machinery.

The Security Products segment designs and manufactures a wide range of lock and latch solutions, including padlocks, door hardware, cabinet locks and rental security towers for commercial and institutional applications.