TOOTSIE ROLL INDUSTRIES INC
In the published model solve dated 2026-Q2, anchored at $39.72, TOOTSIE ROLL INDUSTRIES INC (TR) is priced for +17.6% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 11, 2026 from SEC EDGAR filings.
• Tootsie Roll is a 130-year-old candy maker growing revenue about 2% a year, yet the stock trades at 28.8x earnings against a food-sector median of 22x, a multiple usually reserved for much faster growers. • The Gordon family controls the vote: the 10-K states ⟦"the Gordon family has the power to elect the Company's directors and approve actions requiring the approval of the shareholders of the Company"⟧, so outside shareholders own the economics but not the decisions. • Cocoa costs pushed gros
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213 institutional managers reported holding TR in 13F filings for the quarter ended 2026-03-31. Together they hold about 18% of the company; the top 10 hold 13%. 30 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 2.7M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (14.9 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
TR has cut its share count 4.2% over the past five years, spending $98.04M on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting), raised 5 years straight. Cash returned over the past three years: $77.26M in dividends and $36.58M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at TR over the trailing three years. Absence is a fact about the company, not a signal. 2 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
TR's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-09 | +0.8% | -8.9% |
| 2023-11-09 | +2.8% | +14.2% |
| 2024-03-01 | -2.0% | -6.8% |
| 2024-05-10 | -1.6% | -0.3% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
TR's latest 8-K filings: 2026-07-23 (items 2.02, 9.01); 2026-05-11 (items 5.07); 2026-04-23 (items 2.02, 9.01); 2026-02-12 (items 2.02, 9.01); 2025-10-23 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.