Stock events for Chicago Rivet & Machine Co. (CVR)
In the past six months, Chicago Rivet & Machine Co.'s stock traded between $8.15 and $15.24. The company announced its third-quarter results on November 7, 2025, and declared a $0.03 per share quarterly dividend on November 18, 2025. Earlier in the year, the company reported a net loss of $5,615,614 for 2024, a decrease in net sales, and operating losses. The company disclosed substantial doubt about its ability to continue as a going concern due to recurring losses and negative cash flows in 2024 and recorded a $1,100,000 charge related to a customer settlement. A new credit agreement and consolidation of manufacturing operations were implemented to address these challenges.
Demand Seasonality affecting Chicago Rivet & Machine Co.’s stock price
Chicago Rivet & Machine Co.'s demand seasonality is influenced by the North American automotive industry, which typically sees strongest sales in the spring and autumn. These seasonal fluctuations in vehicle sales can directly impact the demand for the company's fasteners and assembly equipment. Recent market shifts have introduced some unpredictability.
Overview of Chicago Rivet & Machine Co.’s business
Chicago Rivet & Machine Co. operates in the Industrials sector, focusing on Tools & Accessories, Manufactured Goods, and Fabricated Metal Hardware. The company is divided into Fasteners (rivets, cold-formed fasteners, screw machine products) and Assembly Equipment (automatic rivet setting machines). The company primarily serves the North American automotive industry through independent sales representatives.
CVR’s Geographic footprint
Chicago Rivet & Machine Co.'s headquarters are in Warrenville, Illinois, with its main manufacturing facility in Tyrone, Pennsylvania. An Automated Assembly Systems design and sales office is located in Pembroke, Massachusetts. The company uses a network of manufacturers' sales representatives across North America. In 2024, the manufacturing facility in Albia, Iowa, was closed and operations were consolidated into the Tyrone, Pennsylvania facility.
CVR Corporate Image Assessment
Chicago Rivet & Machine Co.'s internal brand reputation appears generally positive, with employees highlighting a good work-life balance, fair pay and benefits, and a culture of respect and collaboration. However, the company's financial performance in 2024, including recurring operating losses and doubts about its ability to continue as a going concern, would likely negatively impact its external brand reputation. The closure of the Albia, Iowa facility could also be perceived negatively.
Ownership
Chicago Rivet & Machine Co. has 35 institutional owners holding 188,223 shares, including Dimensional Fund Advisors Lp, Vanguard Group Inc, and Renaissance Technologies Llc. Individual insiders, such as John Morrissey, have made purchases in December 2025. The Estate of Walter W. Morrissey is also a significant individual owner. Approximately 19.87% of the company's stock is owned by institutional investors.
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$14.18