Espey Mfg & Electronics Corp
ESP

$22.30

1.02%

Market Cap: $56.1M

About: Espey Manufacturing & Electronics Corp designs, develops, tests, and manufactures specialized military and rugged industrial power supplies and transformers for use in harsh or severe environment applications. Its products and solutions include power converters, power conditioning, high-voltage radar, contract manufacturing, custom engineering, and others. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power.

Employees: 150

Information Technology Electronic Components

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 6

1.6% less ownership

Funds ownership: 17.43% [Q1] → 15.83% (-1.6%) [Q2]

7% less funds holding

Funds holding: 28 [Q1] → 26 (-2) [Q2]

12% less capital invested

Capital invested by funds: $10.4M [Q1] → $9.19M (-$1.22M) [Q2]

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

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Research analyst outlook

We haven’t received any recent analyst ratings for ESP.

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Financial journalist opinion

Espey Increases and Declares Regular Quarterly Dividend of $0.20 Per Share; Announces New Employment Agreement with Chief Executive Officer and Appoints New Assistant Corporate Secretary

SARATOGA SPRINGS, N.Y., June 06, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.20 per share, a 14% increase over the prior dividend. The dividend will be payable on June 24, 2024 to all shareholders of record on June 17, 2024.

Espey Increases and Declares Regular Quarterly Dividend of $0.20 Per Share; Announces New Employment Agreement with Chief Executive Officer and Appoints New Assistant Corporate Secretary

Zacks Investment Research

Zacks Initiates Coverage of Espey With Outperform Recommendation

Discover why Zacks rates "Outperform" for Espey, being the first on Wall Street to initiate coverage on the stock. Explore the company's strong order backlog, strategic dividend hike, and robust financial health, which position it for growth in the defense electronics market.

Zacks Initiates Coverage of Espey With Outperform Recommendation

Espey Mfg. & Electronics Corp. reports third quarter results

SARATOGA SPRINGS, N.Y., May 13, 2024 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the third quarter and the first nine months of fiscal year 2024.

Espey Mfg. & Electronics Corp. reports third quarter results

Espey Increases and Declares Regular Quarterly Dividend of $0.175 Per Share

SARATOGA SPRINGS, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.175 per share, a 16% increase over the prior dividend. The dividend will be payable on March 28, 2024 to all shareholders of record on March 22, 2024.

Espey Increases and Declares Regular Quarterly Dividend of $0.175 Per Share

Espey Mfg. & Electronics Corp. reports second quarter results

SARATOGA SPRINGS, N.Y., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first six months of fiscal year 2024.

Espey Mfg. & Electronics Corp. reports second quarter results

BAE Systems' Combat Mission Systems business awards Espey Manufacturing ‘Partner2Win' gold medallion at its fifth annual ‘Partner2Win' supplier symposium

SARATOGA SPRINGS, N.Y., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Espey Manufacturing received a BAE Systems Partner2Win gold medallion on November 14, 2023, for its exceptional performance and commitment to operational excellence. Espey's contributions to supply chain success helped BAE Systems ensure quality deliveries to customers.

BAE Systems' Combat Mission Systems business awards Espey Manufacturing ‘Partner2Win' gold medallion at its fifth annual ‘Partner2Win' supplier symposium

AESA Radar System being integrated in Modern Fighter Aircraft with Espey participating in multiple production programs

AESA radars are generally considered to be the most innovative and technologically-advanced type of tactical radar system and have become almost a necessity for modern fighter aircraft AESA radars are generally considered to be the most innovative and technologically-advanced type of tactical radar system and have become almost a necessity for modern fighter aircraft

AESA Radar System being integrated in Modern Fighter Aircraft with Espey participating in multiple production programs

Espey Declares Regular Quarterly Dividend of $0.15 Per Share

SARATOGA SPRINGS, N.Y., Dec. 04, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.15 per share. The dividend will be payable on December 22, 2023 to all shareholders of record on December 15, 2023.

Espey Declares Regular Quarterly Dividend of $0.15 Per Share

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