LGL Group
About: LGL Group Inc is a holding company engaged in services, merchant investment and manufacturing business activities. The company has two reportable segments; Electronic Instruments and Merchant Investment. The Electronic Instruments segment, which generates key revenue, is focused on designing and manufacturing high-performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications including satellite communication, time transfer systems, network synchronization, electricity distribution, and metrology. The Merchant Investment segment comprises various investment vehicles in which the company invests its capital.
Employees: 7
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
8% more capital invested
Capital invested by funds: $10.3M [Q4 2024] → $11.2M (+$838K) [Q1 2025]
0% more funds holding
Funds holding: 15 [Q4 2024] → 15 (+0) [Q1 2025]
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0.37% less ownership
Funds ownership: 32.25% [Q4 2024] → 31.87% (-0.37%) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for LGL.
Financial journalist opinion
Neutral
Newsfile Corp
1 week ago
The LGL Group, Inc. Adds Over-Subscription Privilege to Outstanding Warrants, Files Post-Effective Amendment to the Related Registration Statement
Orlando, Florida--(Newsfile Corp. - June 5, 2025) - The LGL Group, Inc. (NYSE American: LGL) (NYSE American: LGL WS) ("LGL Group" or the "Company") today announced that is has added an Over-Subscription Privilege to its outstanding warrants to purchase common stock which were originally issued as a dividend to LGL Group stockholders on November 16, 2020 (the "Warrants"). The Company will file with the Securities and Exchange Commission (the "SEC") a post-effective amendment to its related registration statement on Form S-1 that, once declared effective, will permit holders to exercise the Warrants up and until to their expiration at the close of business on November 16, 2025, a Sunday, which allows holders to exercise the Warrants by the close of business on November 17, 2025 (the "Expiration Date").
Neutral
Newsfile Corp
1 month ago
The LGL Group, Inc. Reports First Quarter 2025 Results
Orlando, Florida--(Newsfile Corp. - May 15, 2025) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the first quarter ended March 31, 2025. Cash and cash equivalents and marketable securities were $42.0 million as of March 31, 2025 Form S-1 expected to be filed in second quarter with an amended Warrant Agreement that includes over-subscription privilege P3 Logistic Solutions' tactical edge artificial intelligence contract development strengthens Precise Time and Frequency revenues increased 27% in Q1 2025 Morgan Group Holding Co. receives GAMCO final agreements and is expected to close within second quarter Results from Operations Total revenues increased $30,000 to $918,000 for the three months ended March 31, 2025 from $888,000 for the three months ended March 31, 2024 primarily due to higher shipments in the Electronic Instruments segment.
Neutral
Newsfile Corp
1 month ago
The LGL Group, Inc. Announces Annual Meeting of Shareholders and an Update to Various Corporate Matters
Orlando, Florida--(Newsfile Corp. - April 22, 2025) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today several matters to inform shareholders as follows: Stockholder and Investor Day meetings to be held on June 2, 2025 in Greenwich, Connecticut Record Date for Stockholders is April 25, 2025 Date for stockholder submissions and proposals is April 26, 2025 Board of Director changes, including the addition of Vice Admiral Colin Kilrain Morgan Group investment finalized, opening new strategic opportunities P3 Division delivers prototypes for AI Tactical Edge Computing Management team restructuring in place to deliver value Warrant Dividend update Annual Meeting of Stockholders and Investor Discussion The Board of Directors of LGL Group has determined that the Company's 2025 Annual Meeting of Stockholders (the "2025 Annual Meeting") will be held on Monday, June 2, 2025, at 10:00 a.m. ET at the Bruce Museum.
Neutral
Newsfile Corp
2 months ago
The LGL Group, Inc. Reports Fourth Quarter 2024 Results
Orlando, Florida--(Newsfile Corp. - April 1, 2025) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the fourth quarter and full fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights Total revenues increased $162,000 to $1,157,000 for the three months ended December 31, 2024 from $995,000 for the three months ended December 31, 2023 Income from continuing operations before income taxes and after non-controlling interests decreased $84,000 to $219,000 for the three months ended December 31, 2024 from $303,000 for the three months ended December 31, 2023 Net income per diluted share increased $0.02 to $0.04 for the three months ended December 31, 2024 from $0.02 for the three months ended December 31, 2023 Fiscal Year 2024 Highlights Total revenues increased $614,000 to $4,292,000 for the fiscal year ended December 31, 2024 from $3,678,000 for the fiscal year ended December 31, 2023 Income from continuing operations before income taxes and after non-controlling interests increased $11,000 to $609,000 for the fiscal year ended December 31, 2024 from $598,000 for the fiscal year ended December 31, 2023 Net income per diluted share increased $0.03 to $0.08 for the fiscal year ended December 31, 2024 from $0.05 for the fiscal year ended December 31, 2023 Cash and cash equivalents and marketable securities were $41,602,000 as of December 31, 2024 "The growth in our Electronic Instruments business reflects our commitment to driving innovation and delivering high-performance instruments to our customers," said Marc Gabelli, Chairman and Co-Chief Executive Officer.
Neutral
Newsfile Corp
3 months ago
The LGL Group, Inc. Announces Achievement of Adjusted Target Trigger Price; Warrants Now Exercisable
Orlando, Florida--(Newsfile Corp. - March 6, 2025) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") is pleased to announce that the warrants to purchase shares of LGL Group's common stock granted on November 16, 2020 (the "Warrants") are now exercisable through November 16, 2025, the expiration date. According to the warrant agreement: Five (5) warrants to purchase one (1) share of common stock Common stock can be purchased at a strike price of $4.75 per share No fractional shares will be issued All exercise notices and payment must be received by Computershare Trust Company, N.A.
Neutral
Newsfile Corp
5 months ago
The LGL Group, Inc. to Acquire 1 Million Shares of Morgan Group Holding Company
Orlando, Florida--(Newsfile Corp. - December 31, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") today announced that it has entered into a Subscription Agreement for a private placement of 1,000,000 newly issued shares of Morgan Group Holding Company (OTC Pink: MGHL) ("MGHL") common stock, representing a majority stake. At closing, LGL Group will pay MGHL aggregate consideration of $2.27 million, payable in cash (subject to adjustments).
Neutral
Newsfile Corp
7 months ago
The LGL Group, Inc. Reports Third Quarter 2024 Results
Orlando, Florida--(Newsfile Corp. - November 13, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Total revenues increased $201,000 to $1,179,000 for the three months ended September 30, 2024 from $978,000 for the three months ended September 30, 2023 Income from continuing operations before income taxes and after non-controlling interests decreased $57,000 to $120,000 for the three months ended September 30, 2024 from $177,000 for the three months ended September 30, 2023 Net income per diluted share decreased $0.01 to $0.01 for the three months ended September 30, 2024 from $0.02 for the three months ended September 30, 2023 Fiscal Year to Date 2024 Total revenues increased $452,000 to $3,135,000 for the nine months ended September 30, 2024 from $2,683,000 for the nine months ended September 30, 2023 Income from continuing operations before income taxes and after non-controlling interests increased $95,000 to $390,000 for the nine months ended September 30, 2024 from $295,000 for the nine months ended September 30, 2023 Net income per diluted share increased $0.01 to $0.04 for the nine months ended September 30, 2024 from $0.03 for the nine months ended September 30, 2023 Cash and cash equivalents and marketable securities were $41,618,000 as of September 30, 2024 "Although our yields in U.S. Treasuries have seen a modest decline, the portfolio's overall performance has been resilient despite the Federal Reserve's September rate cut," said Tim Foufas, Co-Chief Executive Officer.
Neutral
Newsfile Corp
9 months ago
The LGL Group, Inc. to Present at Sidoti Virtual Conference on September 18, 2024
Orlando, Florida--(Newsfile Corp. - September 13, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced members of LGL Group management, including Tim Foufas, Co-Chief Executive Officer, will present and host one-one-one meetings with investors at the Sidoti September Virtual Investor Conference, taking place on Wednesday and Thursday, September 18 - 19, 2024, featuring a range of compelling presentations from various small-cap companies. The presentation will begin at 9:15 am Eastern Time (US and Canada) on September 18, 2024, and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_1OYuAYl2SLW34KUNRyVtuw#.
Neutral
Newsfile Corp
10 months ago
The LGL Group, Inc. Reports Second Quarter 2024 Results
Orlando, Florida--(Newsfile Corp. - August 13, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Total revenues increased $347,000 to $1,068,000 for the three months ended June 30, 2024 from $721,000 for the three months ended June 30, 2023 Income from continuing operations before income taxes and after non-controlling interests increased $345,000 to $213,000 for the three months ended June 30, 2024 from ($132,000) for the three months ended June 30, 2023 Net income per diluted share increased $0.04 to $0.02 for the three months ended June 30, 2024 from ($0.02) for the three months ended June 30, 2023 Fiscal Year to Date 2024 Total revenues increased $251,000 to $1,956,000 for the six months ended June 30, 2024 from $1,705,000 for the six months ended June 30, 2023 Income from continuing operations before income taxes and after non-controlling interests increased $152,000 to $270,000 for the six months ended June 30, 2024 from $118,000 for the six months ended June 30, 2023 Net income per diluted share increased $0.02 to $0.03 for the six months ended June 30, 2024 from $0.01 for the six months ended June 30, 2023 Cash and cash equivalents and marketable securities were $41,092,000 as of June 30, 2024 "With our sales and marketing initiatives starting to bear fruit, we are pleased with the improved performance within our Electronic Instruments segment.
Neutral
Newsfile Corp
1 year ago
The LGL Group, Inc. Reports First Quarter 2024 Results
Orlando, Florida--(Newsfile Corp. - May 15, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Total revenues decreased $96,000 to $888,000 for the three months ended March 31, 2024 from $984,000 for the three months ended March 31, 2023 Income from continuing operations before income taxes and after non-controlling interests decreased $193,000 to $57,000 for the three months ended March 31, 2024 from $250,000 for the three months ended March 31, 2023 Net income per diluted share decreased $0.03 to $0.00 for the three months ended March 31, 2024 from $0.03 for the three months ended March 31, 2023 Cash and cash equivalents and marketable securities were $40,890,000 as of March 31, 2024 Tim Foufas, Co-Chief Executive Officer, stated, "While our Electronics Instruments segment reported a decrease in revenue for the quarter compared to Q1 2023, we are pleased with the improvement in our order backlog and recent sales initiatives.
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