Espey Mfg. & Electronics Corp. designs, develops, tests and manufactures specialized Military and Rugged Industrial Power Supplies and Transformers for use in harsh or severe environment applications. An Original Equipment Manufacturing (OEM) Company, Espey has been in business for more than 85 years designing and developing “Best in Class” products in support of our government and the Warfighter.
Espey is a fully vertically integrated manufacturing company with product development, engineering, power supply and transformer assembly, sheet metal fabrication, machining, painting/coating, electrical/mechanical assembly and transformer coil winding capabilities all on-site at our 150,000+ square foot facility located in Saratoga Springs, NY
Company profile
Ticker
ESP
Exchange
Website
CEO
Patrick Thomas Enright
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ESPEY MANUFACTURING & ELECTRONICS CORP
SEC CIK
Corporate docs
IRS number
141387171
ESP stock data
Latest filings (excl ownership)
8-K
Espey Reinstates Dividend and Declares Regular Quarterly Dividend of $0.10 Per Share
13 Mar 23
10-Q
2023 Q2
Quarterly report
13 Feb 23
8-K
Espey Mfg. & Electronics Corp. reports funding award for a facility expansion
9 Feb 23
8-K
Submission of Matters to a Vote of Security Holders
5 Dec 22
10-Q
2023 Q1
Quarterly report
10 Nov 22
DEF 14A
Definitive proxy
27 Oct 22
10-K
2022 FY
Annual report
22 Sep 22
SD
Conflict minerals disclosure
31 May 22
10-Q
2022 Q3
Quarterly report
16 May 22
10-Q
2021 Q2
Quarterly report
14 Feb 22
Latest ownership filings
SC 13G/A
Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust
9 Feb 23
4
Roger Nicholas Sexauer II
5 Dec 22
3
Nancy Koskey Patzwahl
5 Dec 22
4
MICHAEL W WOOL
2 Aug 22
4
Katrina Leonore Sparano
2 Aug 22
4
Roger Nicholas Sexauer II
2 Aug 22
4
DAVID A ONEIL
2 Aug 22
4
CARL HELMETAG
2 Aug 22
4
PAUL J CORR
2 Aug 22
SC 13G/A
RENAISSANCE TECHNOLOGIES LLC
10 Feb 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Annual (USD) | Jun 22 | Jun 21 | Jun 20 | Jun 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 6.33 mm | 6.33 mm | 6.33 mm | 6.33 mm | 6.33 mm | 6.33 mm |
| Cash burn (monthly) | 330.52 k | 57.49 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 910.51 k | 158.36 k | n/a | n/a | n/a | n/a |
| Cash remaining | 5.42 mm | 6.17 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 16.4 | 107.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
39.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 22 |
| Opened positions | 3 |
| Closed positions | 1 |
| Increased positions | 3 |
| Reduced positions | 4 |
| 13F shares | Current |
|---|---|
| Total value | 16.71 mm |
| Total shares | 1.05 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust | 758.36 k | $10.78 mm |
| Dimensional Fund Advisors | 92.29 k | $1.27 mm |
| Renaissance Technologies | 89.81 k | $1.24 mm |
| Vanguard | 41.22 k | $569.00 k |
| Sage Investment Advisers | 20.83 k | $287.00 k |
| Bridgeway Capital Management | 16.11 k | $222.00 k |
| Secure Asset Management | 10.60 k | $146.00 k |
| RY Royal Bank Of Canada | 9.69 k | $134.00 k |
| Adirondack Trust | 5.95 k | $82.00 k |
| BLK Blackrock | 3.22 k | $44.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Aug 22 | Paul J Corr | Stock Option Common Stock | Grant | Acquire A | No | No | 13.61 | 2,300 | 31.30 k | 19,542 |
| 1 Aug 22 | Carl Helmetag | Stock Option Common Stock | Grant | Acquire A | No | No | 13.61 | 2,300 | 31.30 k | 17,542 |
| 1 Aug 22 | Katrina Leonore Sparano | Stock Option Common Stock | Grant | Acquire A | No | No | 13.61 | 5,000 | 68.05 k | 23,150 |