Minerva Advisors LLC and related entities filed an amended Schedule 13G reporting their beneficial ownership in SIFCO Industries, Inc. They report beneficial ownership of 488,984 common shares, or 7.9% of SIFCO’s outstanding common stock as of 12/31/2025.
Minerva Group, LP, Minerva GP, LP, Minerva GP, Inc., and David P. Cohen are also reporting persons. Minerva Group, LP holds 373,549 shares, or 6.0% of the class, over which the Minerva entities and Cohen have sole voting and dispositive power.
Minerva Advisors LLC and David P. Cohen each also have shared voting and dispositive power over an additional 115,435 shares beneficially owned by Minerva Advisors LLC. The filers certify the shares are not held to change or influence control of SIFCO, other than in connection with a Rule 14a-11 nomination.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
SIFCO Industries, Inc.
(Name of Issuer)
Common Shares, $1.00 par value
(Title of Class of Securities)
826546103
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
826546103
1
Names of Reporting Persons
Minerva Advisors LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
373,549.00
6
Shared Voting Power
115,435.00
7
Sole Dispositive Power
373,549.00
8
Shared Dispositive Power
115,435.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
488,984.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.9 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
826546103
1
Names of Reporting Persons
Minerva Group LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
373,549.00
6
Shared Voting Power
7
Sole Dispositive Power
373,549.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
373,549.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.0 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
826546103
1
Names of Reporting Persons
Minerva GP, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
373,549.00
6
Shared Voting Power
7
Sole Dispositive Power
373,549.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
373,549.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.0 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
826546103
1
Names of Reporting Persons
Minerva GP, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
PENNSYLVANIA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
373,549.00
6
Shared Voting Power
7
Sole Dispositive Power
373,549.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
373,549.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.0 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP No.
826546103
1
Names of Reporting Persons
David P. Cohen
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
373,549.00
6
Shared Voting Power
115,435.00
7
Sole Dispositive Power
373,549.00
8
Shared Dispositive Power
115,435.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
488,984.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.9 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
SIFCO Industries, Inc.
(b)
Address of issuer's principal executive offices:
970 East 64th Street, Cleveland, OH 44103
Item 2.
(a)
Name of person filing:
Minerva Advisors LLC
Minerva Group, LP
Minerva GP, LP
Minerva GP, Inc.
David P. Cohen
(b)
Address or principal business office or, if none, residence:
50 Monument Road, Suite 201
Bala Cynwyd, PA 19004
(c)
Citizenship:
David P. Cohen is a U.S. Citizen.
Minerva Advisors LLC, Minerva Group, LP, and Minerva GP, LP are organized under Delaware law.
Minerva GP, Inc. is organized under Pennsylvania law.
(d)
Title of class of securities:
Common Shares, $1.00 par value
(e)
CUSIP No.:
826546103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Minerva Advisors LLC* - 488,984
Minerva Group LP - 373,549
Minerva GP, LP* - 373,549
Minerva GP, Inc.* - 373,549
David P. Cohen* - 488,984
*Each of these reporting persons is deemed a beneficial owner of the 373,549 shares of the Issuer held by Minerva Group, LP. David P. Cohen is also deemed a beneficial owner of the 488,984 shares of the Issuer beneficially owned by Minerva Advisors LLC.
(b)
Percent of class:
Minerva Advisors LLC* - 7.9%
Minerva Group LP - 6.0%
Minerva GP, LP* - 6.0%
Minerva GP, Inc.* - 6.0%
David P. Cohen* - 7.9%
*Each of these reporting persons is deemed a beneficial owner of the 6.0% of the shares of the Issuer held by Minerva Group, LP. David P. Cohen is also deemed a beneficial owner of the 7.9% of the shares of the Issuer beneficially owned by Minerva Advisors LLC.
Based on a total of 6,215,128 shares of the Issuer's Common Stock outstanding as of 12/31/2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the period ended 12/31/2025.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Minerva Advisors LLC* - 373,549
Minerva Group, LP - 373,549
Minerva GP, LP* - 373,549
Minerva GP, Inc.* - 373,549
David P. Cohen* - 373,549
*Each of these reporting persons is deemed a beneficial owner of the 373,549 shares of the Issuer held by Minerva Group, LP.
(ii) Shared power to vote or to direct the vote:
Minerva Advisors LLC - 115,435
David P. Cohen** - 115,435
**David P. Cohen is deemed a beneficial owner of the 115,435 shares of the Issuer beneficially owned by Minerva Advisors LLC.
(iii) Sole power to dispose or to direct the disposition of:
Minerva Advisors LLC* - 373,549
Minerva Group, LP - 373,549
Minerva GP, LP* - 373,549
Minerva GP, Inc.* - 373,549
David P. Cohen* - 373,549
*Each of these reporting persons is deemed a beneficial owner of the 373,549 shares of the Issuer held by Minerva Group, LP.
(iv) Shared power to dispose or to direct the disposition of:
Minerva Advisors LLC - 115,435
David P. Cohen** - 115,435
**David P. Cohen is deemed a beneficial owner of the 115,435 shares of the Issuer beneficially owned by Minerva Advisors LLC.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What ownership stake in SIFCO Industries (SIF) does Minerva report?
Minerva Advisors LLC and David P. Cohen report beneficial ownership of 488,984 SIFCO common shares, representing 7.9% of the outstanding class. This percentage is based on 6,215,128 SIFCO common shares outstanding as of December 31, 2025, per the company’s Form 10-Q.
Which entities are included in the SIFCO (SIF) Minerva Schedule 13G/A filing?
The filing lists Minerva Advisors LLC, Minerva Group, LP, Minerva GP, LP, Minerva GP, Inc., and David P. Cohen as reporting persons. These entities are organized under Delaware or Pennsylvania law, while Cohen is a U.S. citizen, all reporting beneficial ownership in SIFCO common stock.
How many SIFCO (SIF) shares does Minerva Group, LP directly hold?
Minerva Group, LP directly holds 373,549 SIFCO common shares, equal to 6.0% of the outstanding class. Other Minerva-related entities and David P. Cohen are deemed beneficial owners of these same shares due to their control relationships described in the ownership section.
What voting power do Minerva entities have over SIFCO (SIF) shares?
Minerva-related entities and David P. Cohen have sole voting and dispositive power over 373,549 shares held by Minerva Group, LP. In addition, Minerva Advisors LLC and Cohen share voting and dispositive power over 115,435 SIFCO shares beneficially owned by Minerva Advisors LLC.
On what share count is Minerva’s SIFCO (SIF) ownership percentage based?
The reported ownership percentages use a base of 6,215,128 SIFCO common shares outstanding as of December 31, 2025. This outstanding share figure comes from SIFCO’s Quarterly Report on Form 10-Q for the period ended December 31, 2025, referenced in the filing.
Does Minerva seek to influence control of SIFCO Industries (SIF)?
The reporting persons certify the SIFCO securities were not acquired and are not held to change or influence control of the company. They state the shares are not held in connection with any control transaction, except for activities solely related to a Rule 14a-11 nomination.
