Espey Mfg & Electronics CORP

Market Movers (8-K)

AMEX
Espey Mfg. & Electronics Corp. announced the results of its Annual Meeting, including a director election, advisory votes on executive compensation, auditor ratification, a quarterly dividend declaration, and a new Audit Committee Chair.
AMEX
Espey Mfg. & Electronics Corp. announced the engagement of WithumSmith+Brown, PC as its new independent auditor for the fiscal year ending June 30, 2026, following Freed Maxick, P.C. joining Withum.
AMEX
Espey Mfg. & Electronics Corp. has entered into a new employment agreement with President and CEO David A. ONeil, extending his term through June 30, 2028, with an increased base salary of $400,000.
AMEX
Espey Mfg. & Electronics Corp. announced a special cash dividend of $0.75 per share in addition to its regular quarterly dividend of $0.25 per share.
Better than expected
AMEX
Espey Mfg. & Electronics Corp. has been awarded a $19.8 million contract to supply electrical power transformers for the U.S. Navy's Virginia and Columbia class submarines.
AMEX
Espey Mfg. & Electronics Corp. has entered into new employment agreements with its Chief Human Resources Officer and Corporate Secretary, Jennifer Pickering, and its Principal Financial Officer and Treasurer, Kaitlyn ONeil, effective March 15, 2025.

Quarterly Earnings (10-Q)

AMEX
Espey Mfg. & Electronics Corp. reports a significant increase in net income and gross profit for the third quarter of fiscal year 2026, driven by improved product mix and operational efficiencies.
Better than expected
AMEX
Espey Mfg. & Electronics Corp. reported a significant increase in net income and gross profit margins for the second quarter and first half of fiscal year 2026, despite a slight dip in net sales, driven by improved product mix and operational efficiencies.
Delay expected
Better than expected
AMEX
Espey Mfg. & Electronics Corp. announced a 35.8% increase in net income for Q1 2026 despite a 12.9% decline in net sales, driven by improved gross margins and higher interest income.
Delay expected
Better than expected
AMEX
Espey Mfg. & Electronics Corp. announces a significant increase in net sales and income for the third quarter of fiscal year 2025, driven by higher backlog fulfillment and strategic contract acquisitions.
Better than expected
AMEX
Espey Mfg. & Electronics Corp. announces a 32.1% increase in net sales for the three months ended December 31, 2024, and a backlog of $120.1 million.
AMEX
Espey Mfg. & Electronics Corp. saw a 21.9% increase in net sales for the quarter ended September 30, 2024, compared to the same period last year, driven by increased shipments of power supplies.
Better than expected

Annual Reports (10-K)

AMEX
Espey Mfg. & Electronics Corp. reported a 13.5% increase in net sales and a 40% rise in net income for fiscal year 2025, driven by significant contract awards and improved margins.
Delay expected
Better than expected
AMEX
Espey Mfg. & Electronics Corp. saw an 8.8% increase in sales and a significant rise in net income for the fiscal year ended June 30, 2024, driven by strong performance in key contracts.
Delay expected
Better than expected

Insider Trading (Form 4)

AMEX
Director Carl Helmetag reported multiple transactions involving the sale of Espey Mfg. & Electronics Corp. common stock on June 24, 2026.
AMEX
Director Paul J. Corr reported transactions involving Espey Mfg. & Electronics Corp. common stock on June 23, 2026.
AMEX
Director Michael Wool exercised options for 2,150 shares of Espey Mfg & Electronics Corp common stock.
AMEX
Director Carl Helmetag acquired 2,000 shares of Espey Mfg & Electronics Corp through the exercise of stock options.
AMEX
Director Paul Corr reported the sale of 293 shares of Espey Mfg & Electronics Corp common stock on May 15, 2026.
AMEX
Director Paul J. Corr exercised 2,550 stock options and subsequently sold a portion of the acquired shares in Espey Mfg & Electronics Corp.

Proxy Statements (Def-14A)

AMEX
Espey Mfg. & Electronics Corp. announces its Annual Meeting of Shareholders on December 5, 2025, to vote on director election, auditor ratification, and executive compensation matters.
Delay expected
Better than expected
AMEX
Espey Mfg. & Electronics Corp. will hold its Annual Meeting of Shareholders on December 6, 2024, to elect directors and ratify the appointment of independent public accountants.

Schedule 13G - Passive Investments

AMEX
Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust reports an 18% beneficial ownership stake in the company's common stock.
AMEX
The Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust has filed an amended Schedule 13G, reporting beneficial ownership of 21% of the company's common stock as of December 31, 2024.
AMEX
Stanley Kesselman has filed an Amendment No. 7 to Schedule 13G, disclosing a beneficial ownership of 2.11% of Espey Mfg & Electronics Corp.'s Common Stock as of December 31, 2024.