Founded in 1906, Kewaunee Scientific Corporation is a recognized global leader in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. The Company's products include steel, wood, and laminate casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin worksurfaces and sinks.
The Company's corporate headquarters are located in Statesville, North Carolina. Direct sales offices are located in the United States, India and Singapore. Three manufacturing facilities are located in Statesville serving the domestic and international markets, and one manufacturing facility is located in Bangalore, India serving the local and Asian markets.
Company profile
Ticker
KEQU
Exchange
Website
CEO
Thomas Hull
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
380715562
KEQU stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
10 Mar 23
8-K
Kewaunee Scientific Reports Results for Third Quarter of Fiscal Year 2023
8 Mar 23
8-K
Entry into a Material Definitive Agreement
19 Dec 22
10-Q
2023 Q2
Quarterly report
9 Dec 22
8-K
Kewaunee Scientific Reports Results for Second Quarter of Fiscal Year 2023
7 Dec 22
10-Q
2023 Q1
Quarterly report
9 Sep 22
8-K
Kewaunee Scientific Reports Results for First Quarter of Fiscal Year 2023
8 Sep 22
8-K
Submission of Matters to a Vote of Security Holders
29 Aug 22
8-K
Regulation FD Disclosure
24 Aug 22
DEFA14A
Additional proxy soliciting materials
6 Jul 22
Latest ownership filings
4
THOMAS DAVID HULL III
23 Mar 23
4
Donald T. Gardner III
16 Mar 23
4
John Russell
15 Mar 23
4
THOMAS DAVID HULL III
15 Mar 23
SC 13D/A
Zucker Anita G
10 Mar 23
SC 13G/A
Minerva Advisors LLC
14 Feb 23
SC 13G/A
NORTHERN TRUST CORP
13 Feb 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
4
THOMAS DAVID HULL III
9 Jan 23
4
KURT P RINDOKS
29 Aug 22
Financial summary
| Quarter (USD) | Jan 23 | Oct 22 | Jul 22 | Apr 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Apr 22 | Apr 21 | Apr 20 | Apr 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| 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) | 18.42 mm | 18.42 mm | 18.42 mm | 18.42 mm | 18.42 mm | 18.42 mm |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 987.00 k | 862.08 k |
| Cash used (since last report) | n/a | n/a | n/a | n/a | 1.90 mm | 1.66 mm |
| Cash remaining | n/a | n/a | n/a | n/a | 16.52 mm | 16.76 mm |
| Runway (months of cash) | n/a | n/a | n/a | n/a | 16.7 | 19.4 |
Institutional ownership, Q4 2022
2.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 18 |
| Opened positions | 1 |
| Closed positions | 1 |
| Increased positions | 7 |
| Reduced positions | 3 |
| 13F shares | Current |
|---|---|
| Total value | 7.76 bn |
| Total shares | 974.59 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| NTRS Northern Trust | 310.13 k | $4.81 bn |
| Dimensional Fund Advisors | 186.05 k | $2.89 mm |
| Minerva Advisors | 170.54 k | $2.70 mm |
| Vanguard | 120.34 k | $1.87 bn |
| Renaissance Technologies | 83.61 k | $1.33 mm |
| Bridgeway Capital Management | 30.40 k | $472.72 mm |
| MS Morgan Stanley | 27.29 k | $423.01 mm |
| Geode Capital Management | 14.91 k | $231.00 k |
| Wedbush Securities | 11.44 k | $177.00 k |
| BLK Blackrock | 8.08 k | $125.27 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Mar 23 | Hull Thomas David Iii | Common Stock | Sell | Dispose S | No | No | 16 | 100 | 1.60 k | 20,550 |
| 15 Mar 23 | John Russell | Common Stock | Buy | Acquire P | No | No | 16.49 | 4,000 | 65.96 k | 25,000 |
| 15 Mar 23 | Gardner Donald T. III | Common Stock | Sell | Dispose S | No | No | 16.5 | 520 | 8.58 k | 13,127 |
| 14 Mar 23 | Hull Thomas David Iii | Common Stock | Sell | Dispose S | No | No | 16.05 | 1,409 | 22.61 k | 20,650 |
| 14 Mar 23 | Gardner Donald T. III | Common Stock | Sell | Dispose S | No | No | 16.04 | 400 | 6.42 k | 13,647 |
| 5 Jan 23 | Hull Thomas David Iii | Common Stock | Sell | Dispose S | No | No | 16.17 | 1,000 | 16.17 k | 22,059 |
| 14 Dec 22 | Hull Thomas David Iii | Common Stock | Gift | Dispose G | No | No | 0 | 1,000 | 0.00 | 23,059 |