Servotronics (SVT)

Company Profile

The Company is composed of two groups – the ATG and the CPG. The ATG primarily designs, develops and manufactures servo controls and other components for various commercial and government applications (i.e., aircraft, jet engines, missiles, manufacturing equipment, etc.). The CPG designs and manufactures cutlery, bayonets, pocket knives, machetes and combat knives, survival, sporting, agricultural knives and other edged products for both commercial and government applications.

Company profile

Ticker

SVT

Exchange

NYSEAMERICAN

Website

www.servotronics.com

CEO

Kenneth D. Trbovich

Incorporated

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Manufacturing > Optical Instrument and Lens Manufacturing

Industry (SIC)

Cutlery, Handtools & General Hardware

Stanley Black & Decker • Snap-on • Hillman Solutions • Simpson Manufacturing • Lifetime Brands • L.S. Starrett • Compx International • Eastern • Acme United • Toughbuilt Industries ...

SEC CIK

0000089140

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Ontario Knife Company • Queen Cutlery Company • G.N. Metal Products, Inc. • SVT Management, Inc. • MRO Corporation • TSV ELMA, Inc. • 87 South Main Corp. • King Cutlery, Inc. • TSV Franklinville, Inc. ...

IRS number

160837866

SVT stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

Conflict minerals disclosure

26 May 23

DEFA14A

Additional proxy soliciting materials

25 May 23

DFAN14A

Additional proxy materials by non-management

23 May 23

DEFA14A

Additional proxy soliciting materials

23 May 23

DFAN14A

Additional proxy materials by non-management

19 May 23

DEFA14A

Additional proxy soliciting materials

15 May 23

Departure of Directors or Certain Officers

12 May 23

DEFA14A

Additional proxy soliciting materials

4 May 23

DEFC14A

Proxy in contested solicitation

1 May 23

Latest ownership filings

View all

Estate of Nicholas D. Trbovich, Sr.

Beaver Hollow Wellness, LLC

28 Apr 23

Kenneth D Trbovich

28 Apr 23

of Nicholas D. Trbovich, Sr. Estate

Financial summary

Financial statements Chart SVT financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 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)	1.17 mm	1.17 mm	1.17 mm	1.17 mm	1.17 mm	1.17 mm
Cash burn (monthly)	944.33 k	640.33 k	654.67 k	421.92 k	944.67 k	168.83 k
Cash used (since last report)	1.83 mm	1.24 mm	1.27 mm	815.69 k	1.83 mm	326.41 k
Cash remaining	-654.69 k	-66.96 k	-94.67 k	355.31 k	-655.33 k	844.59 k
Runway (months of cash)	-0.7	-0.1	-0.1	0.8	-0.7	5.0

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

SVT institutional ownership history Ownership history

33.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	14	12	+16.7%
Opened positions	4	2	+100.0%
Closed positions	2	0	NEW
Increased positions	2	3	-33.3%
Reduced positions	3	2	+50.0%

13F shares	Current	Prev Q	Change
Total value	2.01 bn	4.64 mm	+43274.0%
Total shares	855.37 k	414.33 k	+106.4%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Beaver Hollow Wellness	294.64 k	$3.33 mm	NEW
Wax Asset Management	179.39 k	$1.99 mm	+11.4%
FMR	137.63 k	$1.45 bn	-0.5%
Star Equity Fund	128.93 k	$1.46 mm	NEW
Dimensional Fund Advisors	60.72 k	$641.00 k	0.0%
Vanguard	27.64 k	$291.83 mm	+1.1%
Bridgeway Capital Management	19.65 k	$207.54 mm	0.0%
MS Morgan Stanley	1.90 k	$20.06 mm	-0.4%
James Investment Research	1.73 k	$18.00 k	0.0%
GWM Advisors	1.73 k	$18.29 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Beaver Hollow Wellness	294.64 k	+294.64 k	NEW
Star Equity Fund	128.93 k	+128.93 k	NEW
Wax Asset Management	179.39 k	+18.34 k	+11.4%
GWM Advisors	1.73 k	+1.73 k	NEW
UBS UBS Group AG - Registered Shares	0.00	-1.63 k	EXIT
Tower Research Capital	284.00	-1.55 k	-84.5%
PNC PNC Financial Services	1.00 k	+1.00 k	NEW
FMR	137.63 k	-700.00	-0.5%
Vanguard	27.64 k	+300.00	+1.1%
Capital Advisors	0.00	-19.00	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SVT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 May 23	Robert Fraass	Common Stock	Grant	Acquire A	No	No	11.37	1,759	20.00 k	1,759
26 Apr 23	Kenneth D Trbovich	Common Stock	Sell	Dispose S	No	No	11.2	77,978	873.35 k	26,195
26 Apr 23	Beaver Hollow Wellness	Servotronics, Inc. Common Stock, par value $0.20 per share	Other	Acquire J	Yes	No	11.2	77,978	873.35 k	461,907
26 Apr 23	Beaver Hollow Wellness	Servotronics, Inc. Common Stock, par value $0.20 per share	Other	Acquire J	No	No	11.2	77,978	873.35 k	461,907
20 Apr 23	Beaver Hollow Wellness	Servotronics, Inc. Common Stock, par value $0.20 per share	Grant	Acquire A	Yes	No	11.2	44,643	500.00 k	383,929
20 Apr 23	Beaver Hollow Wellness	Servotronics, Inc. Common Stock, par value $0.20 per share	Grant	Acquire A	No	No	11.2	44,643	500.00 k	383,929
19 Apr 23	Beaver Hollow Wellness	Servotronics, Inc. Common Stock, par value $0.20 per share	Grant	Acquire A	Yes	No	11.2	44,643	500.00 k	339,286
19 Apr 23	Beaver Hollow Wellness	Servotronics, Inc. Common Stock, par value $0.20 per share	Grant	Acquire A	No	No	11.2	44,643	500.00 k	339,286