Tootsie Roll IndustriesTR
Market Cap: $2.26B
About: Tootsie Roll Industries Inc manufactures and sells confectionery products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble, Razzles among others. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States and rest from Canada, Mexico and other regions.
Employees: 2,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
449% more call options, than puts
Call options by funds: $587K | Put options by funds: $107K
13% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 53
2.56% more ownership
Funds ownership: 25.61% [Q1] → 28.17% (+2.56%) [Q2]
5% more capital invested
Capital invested by funds: $340M [Q1] → $356M (+$16.3M) [Q2]
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
1% less funds holding
Funds holding: 158 [Q1] → 156 (-2) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for TR.