Eastern (EML) Expected to Post Quarterly Earnings on Tuesday

Eastern (NASDAQ:EML) will likely be posting its Q2 2026 results after the market closes on Tuesday, August 11th. Analysts expect the company to post earnings of $0.67 per share and revenue of $73.69 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 12, 2026 at 9:00 AM ET.

Eastern (NASDAQ:EML) last posted its earnings results on Tuesday, May 12th. The industrial products company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.39). Eastern had a return on equity of 5.46% and a net margin of 2.41%.The firm had revenue of $59.68 million for the quarter, compared to analyst estimates of $67.74 million.

Eastern Stock Performance

Shares of EML stock traded up $0.01 on Tuesday, hitting $24.68. The company’s stock had a trading volume of 18,621 shares, compared to its average volume of 22,711. Eastern has a fifty-two week low of $17.61 and a fifty-two week high of $29.91. The company has a market capitalization of $148.85 million, a PE ratio of 25.71 and a beta of 0.82. The stock’s 50 day moving average is $24.04 and its 200-day moving average is $21.43. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.64 and a current ratio of 3.52.

Eastern Dividend Announcement

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 issued a $0.11 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.44 annualized dividend and a yield of 1.8%. Eastern’s payout ratio is currently 45.83%.

Insiders Place Their Bets

In other news, Director John Everets acquired 1,310 shares of the business’s stock in a transaction that occurred on 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 acquisition, the director directly owned 142,504 shares in the company, valued at $3,049,585.60. The trade was a 0.93% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director James A. Mitarotonda acquired 1,679 shares of Eastern stock in a transaction that occurred on Tuesday, June 16th. The shares were purchased at an average price of $21.40 per share, for a total transaction of $35,930.60. Following the transaction, the director directly owned 46,190 shares in the company, valued at $988,466. The trade was a 3.77% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have purchased 13,264 shares of company stock valued at $285,179. 18.40% of the stock is currently owned by insiders.

Institutional Trading of Eastern

Hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its holdings in Eastern by 82.9% in the third quarter. BNP Paribas Financial Markets now owns 1,273 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 577 shares during the last quarter. Focus Partners Wealth bought a new position in Eastern during the 3rd quarter worth approximately $40,000. Tower Research Capital LLC TRC lifted its position in shares of Eastern by 295.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,738 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 1,299 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Eastern in the 2nd quarter worth approximately $70,000. Finally, Deutsche Bank AG bought a new stake in shares of Eastern in the 4th quarter valued at $98,000. 76.99% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EML has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Eastern in a research report on Wednesday, June 24th. Royal Bank Of Canada lowered shares of Eastern from a “moderate buy” rating to a “hold” rating in a research report on Monday, April 13th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Eastern Company Profile

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.