P&F Industries, Inc., through its wholly owned subsidiaries, is a leading manufacturer and importer of air-powered tools and accessories sold principally to the aerospace, industrial, automotive and retail markets. P&Fs products are sold under its own trademarks, as well as under the private labels of major manufacturers and retailers.
Company profile
Ticker
PFIN
Exchange
Website
CEO
Richard A. Horowitz
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
P&F INDUSTRIES, INC. • Continental Tool Group, Inc. • Hy-Tech Machine, Inc. • ATSCO Holdings Corp. • Hy-Tech Illinois, Inc. • Heisman Acquisition Corp. • Florida Pneumatic Manufacturing Corporation • Exhaust Technologies, Inc. • Universal Air Tool Company Limited, a Company incorporated • Jiffy Air Tool, Inc. ...
IRS number
221657413
PFIN stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
28 Mar 23
8-K
Results of Operations and Financial Condition
28 Mar 23
8-K
Departure of Directors or Certain Officers
10 Mar 23
8-K
Departure of Directors or Certain Officers
12 Jan 23
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Results of Operations and Financial Condition
10 Nov 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
8-K
Results of Operations and Financial Condition
11 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
1 Jun 22
10-Q
2022 Q1
Quarterly report
13 May 22
Transcripts
PFIN
Earnings call transcript
2022 Q2
12 Aug 22
PFIN
Earnings call transcript
2022 Q1
12 May 22
PFIN
Earnings call transcript
2021 Q4
29 Mar 22
PFIN
Earnings call transcript
2021 Q3
12 Nov 21
PFIN
Earnings call transcript
2021 Q2
13 Aug 21
PFIN
Earnings call transcript
2021 Q1
14 May 21
PFIN
Earnings call transcript
2020 Q4
29 Mar 21
PFIN
Earnings call transcript
2020 Q3
16 Nov 20
PFIN
Earnings call transcript
2020 Q2
11 Aug 20
PFIN
Earnings call transcript
2020 Q1
18 May 20
Latest ownership filings
4
RICHARD A HOROWITZ
22 Mar 23
SC 13D/A
HOROWITZ RICHARD A
22 Mar 23
SC 13G/A
HOROWITZ GRACE
22 Mar 23
SC 13D/A
LAWNDALE CAPITAL MANAGEMENT LLC
19 Jan 23
4
JOSEPH A MOLINO JR
23 Jun 22
4
Howard Brod Brownstein
27 May 22
4
Jeffrey D Franklin
27 May 22
4
KENNETH M SCHERIFF
27 May 22
4
Mitchell A Solomon
27 May 22
4
Richard P Randall
27 May 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 410.00 k | 410.00 k | 410.00 k | 410.00 k | 410.00 k | 410.00 k |
| Cash burn (monthly) | 7.00 k | 31.58 k | 115.33 k | (no burn) | (no burn) | 102.83 k |
| Cash used (since last report) | 41.70 k | 188.12 k | 686.98 k | n/a | n/a | 612.52 k |
| Cash remaining | 368.30 k | 221.88 k | -276.98 k | n/a | n/a | -202.52 k |
| Runway (months of cash) | 52.6 | 7.0 | -2.4 | n/a | n/a | -2.0 |
Institutional ownership, Q3 2022
3.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 13 |
| Opened positions | 0 |
| Closed positions | 1 |
| Increased positions | 2 |
| Reduced positions | 1 |
| 13F shares | Current |
|---|---|
| Total value | 3.05 mm |
| Total shares | 445.92 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Lawndale Capital Management | 290.27 k | $2.22 mm |
| Dimensional Fund Advisors | 52.77 k | $281.00 k |
| Vanguard | 29.09 k | $155.00 k |
| Geode Capital Management | 18.20 k | $97.00 k |
| Shufro Rose & Co | 16.78 k | $89.00 k |
| Bridgeway Capital Management | 11.69 k | $62.00 k |
| Blair William & Co | 11.00 k | $59.00 k |
| James Investment Research | 8.01 k | $43.00 k |
| Wilen Investment Management | 5.70 k | $28.00 k |
| WFC Wells Fargo & Co. | 1.01 k | $5.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Mar 23 | Horowitz Richard A | Class A Common Stock | By will or laws of descent | Acquire W | No | No | 0 | 108,735 | 0.00 | 1,445,041 |
| 21 Jun 22 | Joseph A Molino JR | Class A Common Stock | Payment of exercise | Dispose F | No | No | 5.65 | 34,646 | 195.75 k | 101,971 |
| 21 Jun 22 | Joseph A Molino JR | Class A Common Stock | Option exercise | Acquire M | No | No | 4.74 | 41,809 | 198.17 k | 136,617 |
| 21 Jun 22 | Joseph A Molino JR | Stock Option Class A Common Stock | Option exercise | Dispose M | No | No | 4.74 | 41,809 | 198.17 k | 0 |
| 25 May 22 | Scheriff Kenneth M | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,250 | 0.00 | 11,098 |
| 25 May 22 | Brownstein Howard Brod | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,250 | 0.00 | 21,898 |
| 25 May 22 | Franklin Jeffrey D | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,250 | 0.00 | 11,998 |
Press releases
P&F INDUSTRIES, INC. REPORTS RESULTS FOR THE YEAR ENDED DECEMBER 31, 2022, ANNOUNCES EXTENSION TO BANKING FACILITY
28 Mar 23
P&F INDUSTRIES, INC. REPORTS APPROVAL OF QUARTERLY DIVIDEND PLAN AND DECLARATION OF QUARTERLY DIVIDEND
21 Mar 23
P&F INDUSTRIES TO REPORT RESULTS FOR THE YEAR ENDED DECEMBER 31, 2022
27 Feb 23