The Eastern (EML) Insider Chan Galbato Buys $20K of Stock

On June 16, 2026, Chan Galbato purchased 940 shares of The Eastern Company (NasdaqGM: EML) at an average price of $21.4 per share. This transaction, valued at $20,116, was not part of a pre-planned trading program.

Insider Buying and Selling at The Eastern Company

In addition to Chan Galbato's purchase, several other insiders were active at The Eastern Company. On the same day, James Mitarotonda and Peggy Scott each acquired shares, buying 1,679 and 1,176 shares respectively, at $21.4 per share. Earlier in June, Frederick DiSanto made multiple purchases, including 1,000 shares at $21.25 on June 11 and another 1,000 shares at $20.96 on June 12.

Other Institutional Activity in The Eastern Company

Institutional investors have also been adjusting their positions in The Eastern Company. Barington Companies Management, LLC increased its holdings by 9,409 shares, bringing its total to 644,342 shares valued at approximately $13 million. Minerva Advisors LLC added 17,318 shares, now holding 546,402 shares worth about $11 million. Conversely, GAMCO Investors, Inc. reduced its position by 3,440 shares, ending with 512,105 shares valued at $10.4 million. Dimensional Fund Advisors LP and BlackRock, Inc. also trimmed their holdings, by 2,188 and 4,735 shares respectively.

The Eastern Company Stock Down 14.3%

Shares of The Eastern Company are trading at $21.88. The company has a market capitalization of roughly $132 million and a P/E ratio of 28.05. Its stock has experienced a 52-week low of $17.61 and a high of $26.77. The 50-day moving average stands at $21.63, while the 200-day moving average is $20.74. The company maintains a current ratio of 3.52 and a quick ratio of 1.42, with a debt-to-equity ratio of 42.93.

Recent Earnings

The Eastern Company reported revenue of $245.3 million, though it saw a slight decline in revenue growth at -5.7%. The company's net margin is 2.38%, and it has a return on equity of 3.83%. The next earnings report is expected on August 11, 2026.

Dividend

The Eastern Company offers an annual dividend rate of $0.44, yielding 2.01%. The dividend payout ratio is 56.41%.

About The Eastern Company

The Eastern Company, based in Shelton, Connecticut, designs and manufactures engineered solutions for industrial markets in the U.S. and North America. Their products include returnable packaging solutions, blow mold tooling, and various mechanical and electromechanical systems. The company serves industries ranging from automotive to consumer goods and pharmaceuticals. Founded in 1858, it employs over 1,200 people and is led by CEO Ryan A. Schroeder.

Bottom Line

The recent insider buying activity at The Eastern Company highlights interest from within the organization. Investors often track such moves for insights into management's confidence in the company's future. However, these trades, reported under SEC regulations, reflect past actions and may not indicate future trends.