John Hill Buys Shares in Central Securities Corporation

On June 26, 2026, John Hill, the CEO and President of Central Securities Corporation, purchased 233 shares of the company. The transaction, valued at $12,085.71, was executed at an average price of $51.87 per share. This purchase was not part of a pre-arranged trading plan, indicating a direct decision by Hill to increase his holdings.

Central Securities Corporation Stock Down 4.0%

Shares of Central Securities Corporation (NYSE American: CET) traded near $52.60 on Tuesday. The company boasts a market cap of about $1.53 billion and a P/E ratio of 5.7, suggesting it might be undervalued compared to its earnings. Central Securities has a beta of 0.744, indicating lower volatility compared to the broader market. Over the past 52 weeks, the stock has ranged from $47.70 to $54.65, with a 50-day moving average of $52.86 and a 200-day moving average of $51.47. The company maintains a current and quick ratio of 1.08, along with a low debt-to-equity ratio of 0.153.

Recent Earnings

Central Securities reported revenue of $31.89 million, with a revenue growth rate of 48.4%. The company's net margin stands at 8.3%, and it achieved a return on equity of 15.8%. The earnings per share (EPS) is noted at $9.15. Investors can look forward to the next earnings report, scheduled for August 12, 2025.

Dividend

Central Securities Corporation offers an attractive dividend rate of $2.76 per share, translating to a yield of 5.34%. The dividend payout ratio is 29.5%, suggesting the company retains a significant portion of its earnings for growth while rewarding shareholders with a healthy return. The ex-dividend date was not specified.

About Central Securities Corporation

Central Securities Corporation is a New York-based investment manager that invests in public equity markets across the United States. The company also engages in bonds, convertible bonds, preferred stocks, and other financial instruments. Founded in 1929, Central Securities has a long history in asset management, operating from its headquarters in New York City under the leadership of CEO John C. Hill.

Bottom Line

John Hill's purchase of Central Securities shares reflects his confidence in the company's future prospects. As a key figure in the firm, his decision to buy shares could be seen as a positive signal to investors. It's important to remember that insider trades are reported after the fact and may not reflect current positions. Central Securities continues to offer a strong dividend yield and maintains a solid financial position in the asset management sector.