during the past 60 years, lindsay corporation has grown to become a global leader in providing innovative water management and road infrastructure products and services. as a pioneer in the field of center pivot and lateral move irrigation, lindsay's irrigation division has systems operating in more than 90 countries. our success results from finding highly efficient ways to irrigate crops on varied terrain and soils to increase yields and better utilize natural resources to meet rising population growth. lindsay’s industrial water solutions division is uniquely qualified to provide large agricultural investor clients with consultative engineering services, state-of-the-art equipment, water management telemetry systems and advanced controls – all through one dependable source. our infrastructure division, lindsay transportation solutions, is dedicated to producing a wide variety of high quality products to meet the needs of developed and emerging countries that must manage railways, wo
Company profile
Ticker
LNN
Exchange
Website
CEO
Timothy Hassinger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Deere & Co. • AGCO • Alamo • Art`s-way Manufacturing • Opti-Harvest • MJ Harvest • THC Therapeutics ...
Former names
LINDSAY MANUFACTURING CO
SEC CIK
Corporate docs
Subsidiaries
Lindsay Sales Holding Co., LLC • Lindsay Irrigation Solutions, LLC • FieldWise, LLC • Lindsay Transportation Solutions, LLC • Safe Technologies, LLC • Elecsys Holdings, LLC • Elecsys International, LLC • Lindsay International Holdings B.V. • Lindsay America do Sul Ltda. • Lindsay Europe SAS ...
IRS number
470554096
LNN stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
4 Apr 24
8-K
Lindsay Corporation Reports Second Quarter Fiscal 2024 Results
4 Apr 24
8-K
Submission of Matters to a Vote of Security Holders
12 Jan 24
10-Q
2024 Q1
Quarterly report
4 Jan 24
8-K
Lindsay Corporation Reports Fiscal 2024 First Quarter Results
4 Jan 24
ARS
2023 FY
Annual report to shareholders
21 Nov 23
DEF 14A
Definitive proxy
21 Nov 23
8-K
Other Events
1 Nov 23
8-K
Departure of Directors or Certain Officers
23 Oct 23
10-K
2023 FY
Annual report
19 Oct 23
Transcripts
LNN
Earnings call transcript
2024 Q2
4 Apr 24
LNN
Earnings call transcript
2024 Q1
4 Jan 24
LNN
Earnings call transcript
2023 Q4
19 Oct 23
LNN
Earnings call transcript
2023 Q3
29 Jun 23
LNN
Earnings call transcript
2023 Q2
4 Apr 23
LNN
Earnings call transcript
2023 Q1
5 Jan 23
LNN
Earnings call transcript
2022 Q4
20 Oct 22
LNN
Earnings call transcript
2022 Q3
30 Jun 22
LNN
Earnings call transcript
2022 Q2
5 Apr 22
LNN
Earnings call transcript
2022 Q1
6 Jan 22
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
Neuberger Berman Group LLC
13 Feb 24
SC 13G/A
BlackRock Inc.
22 Jan 24
4
DAVID B RAYBURN
11 Jan 24
4
Si Pablo Di
11 Jan 24
4
Robert E Brunner
11 Jan 24
4
Ibrahim Gokcen
11 Jan 24
4
Consuelo E. Madere
11 Jan 24
4
MARY A LINDSEY
11 Jan 24
4
MICHAEL CHRISTODOLOU
11 Jan 24
Financial summary
Quarter (USD) | Nov 23 | Aug 23 | May 23 | Feb 23 | |
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Diluted EPS |
Annual (USD) | Aug 23 | Aug 22 | Aug 21 | Aug 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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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) | 159.38 mm | 159.38 mm | 159.38 mm | 159.38 mm | 159.38 mm | 159.38 mm |
Cash burn (monthly) | 458.00 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 2.23 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 157.15 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 343.1 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
86.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 197 |
Opened positions | 22 |
Closed positions | 25 |
Increased positions | 63 |
Reduced positions | 77 |
13F shares | Current |
---|---|
Total value | 1.11 tn |
Total shares | 9.56 mm |
Total puts | 26.30 k |
Total calls | 15.00 k |
Total put/call ratio | 1.8 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 1.89 mm | $222.91 bn |
Vanguard | 1.26 mm | $148.58 bn |
Neuberger Berman | 693.39 k | $81.60 bn |
Amundi | 472.76 k | $55.47 bn |
STT State Street | 395.25 k | $46.51 bn |
Nuance Investments | 350.68 k | $41.27 bn |
Royce & Associates | 336.38 k | $39.59 bn |
Dimensional Fund Advisors | 297.35 k | $34.99 bn |
KBCSF KBC | 273.47 k | $32.27 bn |
Geode Capital Management | 220.74 k | $25.98 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Jan 24 | Rayburn David B | Common Stock | Grant | Acquire A | No | No | 0 | 907 | 0.00 | 8,780 |
9 Jan 24 | Si Pablo Di | Common Stock | Grant | Acquire A | No | No | 0 | 606 | 0.00 | 3,432 |
9 Jan 24 | Si Pablo Di | Common Stock | Grant | Acquire A | No | No | 0 | 907 | 0.00 | 2,826 |
9 Jan 24 | Consuelo E. Madere | Common Stock | Grant | Acquire A | No | No | 0 | 907 | 0.00 | 5,649 |
9 Jan 24 | Lindsey Mary A | Common Stock | Grant | Acquire A | No | No | 0 | 907 | 0.00 | 4,789 |
9 Jan 24 | Christodolou Michael | Common Stock | Grant | Acquire A | No | No | 0 | 907 | 0.00 | 13,803 |
News
Northcoast Research Upgrades Lindsay to Buy, Announces $142 Price Target
5 Apr 24
Lindsay Q2 EPS $1.64 Beats $1.55 Estimate, Sales $151.50M Miss $172.06M Estimate
4 Apr 24
Earnings Scheduled For April 4, 2024
4 Apr 24
Lindsay Agrees To Acquire 49.9% Minority Interest In Austria-based Pessl Instruments GmbH, With An Option To Acquire Remainder At A Later Date; No Terms Disclosed
3 Apr 24
Stifel Maintains Hold on Lindsay, Lowers Price Target to $122
8 Mar 24