Espey Mfg. & Electronics Corp. (ESP)

Espey Manufacturing & Electronics Corp. stock has experienced a price increase of approximately 45% since November 30, 2025. The company reported a 47% year-over-year increase in net income for Q2 FY2026, and its backlog stood at $134.7 million as of December 31, 2025. Espey achieved enhanced gross profit and a higher gross margin in Q1 FY2026 and announced regular quarterly dividends of $0.25 per share. The company reported its second-quarter results for fiscal year 2026 on February 10, 2026. Insiders have sold more stock than they have bought in the past three months. Espey announced the completion of its Magnetics Center of Excellence Facility Expansion on October 22, 2025.

The provided information does not explicitly detail the demand seasonality for Espey Manufacturing & Electronics Corp.’s products and services. Demand may be influenced by government defense spending cycles, industrial project timelines, and broader economic conditions. The company's significant and growing backlog suggests a relatively stable and long-term demand for its specialized products.

Espey Manufacturing & Electronics Corp. is a power electronics design and OEM company specializing in highly reliable products for military and severe environment applications. The company's products include power supplies, converters, filters, transformers, magnetic components, power distribution equipment, UPS systems, and antennas used in various applications. Espey also offers design, manufacturing, testing, and metal fabrication services and is vertically integrated.

Espey Manufacturing & Electronics Corp.'s entire operation is located in Saratoga Springs, New York, United States. The company serves industrial manufacturers, defense companies, the U.S. government, foreign governments, and foreign electronic equipment companies.

The company emphasizes its long history of developing and delivering highly reliable products for military and severe environment applications, suggesting a focus on quality and performance. Espey is ISO AS9100 certified, indicating adherence to quality management standards in the aerospace industry. The company's consistent net income growth and robust backlog also contribute to a positive perception of its operational strength and reliability.

Espey Manufacturing & Electronics Corp. has a mixed ownership structure consisting of institutional, insider, and retail investors. Approximately 26.44% of the stock is held by institutional shareholders. Insiders hold about 42.55% of the stock. Retail investors own approximately 31.00% of the company's stock.