Chicago Rivet & Machine Co. (CVR)

Over the past six months, Chicago Rivet & Machine Co.'s stock has increased by 8.55%. As of May 7, 2026, the stock price was $10.90 per share, up from $8.64 per share on April 21, 2025. In Q1 2026, net sales decreased to $6,851,517 compared to $7,245,635 in Q1 2025, and the company recorded a net loss of $362,015, or ($0.37) per share, a shift from a net income of $401,022, or $0.42 per share, in Q1 2025. The decline in sales and net income was attributed to softer demand for fasteners and assembly equipment, particularly weak automotive orders, and shifting procurement patterns.

While specific seasonality is not explicitly detailed, Chicago Rivet & Machine Co.'s demand is significantly influenced by the automotive sector. Softer demand for fasteners and assembly equipment, with weak automotive orders, led to a decline in sales in Q1 2026. Management anticipates a slight production recovery and new customer ramps in the second half of 2026, amidst ongoing macroeconomic uncertainty.

Chicago Rivet & Machine Co. is a manufacturer in the industrial sector, specializing in fasteners and assembly equipment. The company was founded in 1920 and is headquartered in Naperville, Illinois. The fastener segment manufactures and sells rivets, cold-formed fasteners, parts, and screw machine products. The assembly equipment segment produces automatic rivet setting machines and assembly equipment. The majority of the company's revenue is generated from its fastener segment, primarily serving manufacturers in the North American automotive sector.

Chicago Rivet & Machine Co.'s corporate headquarters are located in Naperville, Illinois. The company has manufacturing facilities in Tyrone, Pennsylvania, Madison Heights, Michigan, and Albia, Iowa. The company serves customers throughout North America.

Chicago Rivet & Machine Co. maintains a strong brand reputation, particularly concerning its commitment to quality, as demonstrated by its ISO 9001 and IATF 16949:2016 certifications. The company was awarded a new medical application for manufacturing cold-formed parts for cardiovascular surgery and launched an enhanced, mobile-friendly website with updated content and a virtual plant tour video. There have been no reported events negatively impacting the company's brand reputation in the past year.

Chicago Rivet & Machine Co. has a diverse ownership structure. Major institutional owners include Dimensional Fund Advisors Lp, Renaissance Technologies Llc, HighTower Advisors, LLC, Vanguard Group Inc, Morgan Stanley, Ancora Advisors, LLC, Harbour Investments, Inc., Bank Of America Corp /de/, UBS Group AG, and Jpmorgan Chase & Co. Individual insiders hold 15% of the shares, institutions hold 15.2%, private companies account for 8.71%, and the general public holds 61.1%.