Peggy Scott Buys Shares of The Eastern Company
Peggy Scott acquired 1,176 shares of The Eastern Company, reflecting confidence in the stock.
Key Points
- Peggy Scott purchased 1,176 shares of The Eastern Company at $21.40 per share, totaling $25,166.40 on June 16, 2026.
- Shares of NasdaqGM:EML traded near $21.88, with a market cap of about $132 million and a P/E ratio of 28.05.
- Other insiders, including James Mitarotonda and Chan Galbato, also bought shares on the same day.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 16, 2026, Peggy Scott purchased 1,176 shares of The Eastern Company (NasdaqGM: EML) at an average price of $21.40 per share. This transaction was valued at $25,166.40 and was not part of a pre-planned trading program.
Insider Buying and Selling at The Eastern Company
In addition to Peggy Scott's purchase, other insiders were active in buying shares of The Eastern Company. James Mitarotonda acquired 1,679 shares at $21.40 per share on the same day. Chan Galbato also bought 940 shares at the same price. Earlier, Frederick DiSanto purchased shares on different occasions, including 1,000 shares at $20.96 on June 12, 2026, and another 1,000 shares at $21.25 on June 11, 2026.
Other Institutional Activity in The Eastern Company
Institutional investors have also been active in The Eastern Company. Barington Companies Management, LLC increased its holdings by 9,409 shares to a total of 644,342 shares, valued at approximately $13.04 million. Minerva Advisors LLC added 17,318 shares, ending with 546,402 shares worth about $11.06 million. Meanwhile, Gamco Investors, Inc. reduced its stake by 3,440 shares, holding 512,105 shares valued at $10.37 million. Dimensional Fund Advisors LP and BlackRock, Inc. also trimmed their positions, with Dimensional reducing by 2,188 shares and BlackRock by 4,735 shares.
The Eastern Company Stock Down 16.7%
Shares of The Eastern Company (NasdaqGM: EML) recently traded around $21.88. The company has a market capitalization of approximately $132 million and a P/E ratio of 28.05. With a beta of 0.868, the stock has a 52-week range between $17.61 and $26.77. Its 50-day moving average is $21.63, while the 200-day moving average is $20.74. The company's current ratio is 3.518, and its quick ratio stands at 1.419, with a debt-to-equity ratio of 42.928.
Recent Earnings
The Eastern Company reported revenue of $245.33 million, though it experienced a revenue decline of 5.7%. Despite this, the company maintained a net margin of 2.38% and a return on equity of 3.83%. The next earnings report is expected on August 11, 2026.
Dividend
The Eastern Company offers an annual dividend rate of $0.44, yielding 2.01%. The dividend payout ratio is 56.41%, supporting a steady income for investors.
About The Eastern Company
The Eastern Company, based in Shelton, Connecticut, designs and manufactures engineered solutions for industrial markets in North America. It provides packaging solutions, blow mold tooling products, and various latches and locks for industries such as automotive and aerospace. Founded in 1858, the company is led by CEO Ryan A. Schroeder and employs about 1,231 people.
Bottom Line
Peggy Scott's purchase of The Eastern Company's shares is part of a broader insider buying trend, which may suggest confidence among company insiders. Investors often track such transactions for potential signals about a company's future. However, it's important to remember that these insider activities are disclosed after the fact and do not necessarily reflect the company's current position.
Get The Eastern Company alerts
New 13F filings, insider trades, and analyst moves on $EML, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.