Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Patterson Companies, Inc.
Type
public
Traded as NASDAQ: PDCO
S&P 500 Component
Industry Dental equipment
Rehabilitation
Veterinary pharmaceuticals
Founded 1878 (Patterson Dental)
Milwaukee, Wisconsin
Founder Myron F., John G. Patterson
Headquarters Mendota Heights, Minnesota, United States
Key people
Peter L. Frechette Chair
Scott Anderson Pres,CEO,dir
R. Stephen Armstrong CFO
Revenue $3.237 bil FY'10Increase4.6%
Net income
$212.254 mil FY'10Increase6.3%
Total assets $2,447.952 mil July'10Increase1%
Total equity $1,485.881 mil July'10 Increase1%
Number of employees
6890
Divisions 18 sub, 3 div
Patterson Dental Supply, Inc.
Patterson Veterinary Supply, Inc.
Patterson Medical Supply, Inc.
Website www.pattersoncompanies.com

Patterson Companies Inc is a medical supplies conglomerate primarily in the business of veterinary and dental products (ranging from xray equipment to consumable products, dental consumables make up the biggest part of the dental industry). Since 2003, it has also distributed general medical rehabilitative devices like braces and wheel chairs. Traditionally a dental company, it diversified its business at the turn of the millennium when it acquired 55-year-old company, JA Webster Inc, a distributor of veterinary products. That business segment (now known as Patterson Veterinary) currently distributes equipment (diagnostic and surgical) and medicine (anaesthetics, vaccines). The company operates directly in only the US and Canada (in Canada through subsidiaries Sammons Preston Canada and Patterson Dental Canada).

In 2008 it was noted as having one of the lowest debt ratios among companies in the health care sector. Patterson was also a member of the Nasdaq-100 until December 10, 2010 when it and six other companies were replaced. The Nasdaq-100 is composed of the 100 largest non financial stocks traded on the Nasdaq.

Patterson is the distribution company for Sirona Dental Systems, one of the world's biggest dental equipment manufacturers until September 1st, 2017 when they will also sell to their competition Henry Schein . More recently the company has been active in making acquisitions abroad; On June 17, 2010 Patterson Medical purchased the rehabilitation part of Ireland-based DCC Healthcare (Days Healthcare, Physiomed and Ausmedic) in a move that increased Patterson Medical's revenue by 16.43% (US$70 million, fiscal year ended April 24, 2010). The new companies were added to its Homecraft Rolyan unit in the UK.

The company traces its roots through division Patterson Dental Supply back to one established in 1878 named Patterson Dental Company. It remained focused solely on the dental products market until the 21st century when it branched out into the veterinary supplies market through 2 large acquisitions, JA Webster in 2001 (92.5 million dollars) and ProVet in 2004. For about 130 years it dealt only in dental supplies. It began selling rehabilitation supplies in 2004 after acquiring Ability One Products Corporation followed by Medco the same year.

It went public on the Nasdaq in 1992 with an IPO of around 480 million dollars.

Key dates and events

Patterson Dental Supply, Inc, Patterson Veterinary Supply, Inc. (formerly Webster Veterinary Supply), and Patterson Medical Supply, Inc. comprise the three core segments of the company. Those core businesses branch out into many regional subsidiaries, most of which are based in the United States (except for a few Canadian ones like Sammons Preston Canada and Patterson Dental Canada (has 550 employees). The majority of business in Canada comes from Quebec, Ontario, British Columbia, Alberta and Saskatchewan. Software and hardware businesses are part of Patterson Dental.

Patterson Medical provides over 20,000 rehabilitation supplies, equipment and assistive living products.

Patterson Medical’s international operations consist of Homecraft in the United Kingdom and Kinetec in France. Homecraft is a supplier of aids to daily living and rehabilitation products in the United Kingdom. In France, Kinetec consists of two operations: the manufacturing and distribution of Continuous Passive Motions machines and distribution of Sammons Preston and Homecraft products.

For 2010 the last 3 rehabilitation companies (Days Healthcare, Physiomed and Ausmedic) were formerly part of DCC Plc a company that serves the UK market.

Leventhal & Sons

In 2016, a security researcher named Justin Shafer found 22,000 patients data on an FTP Server owned by Patterson Dental. He was reportedly raided by the FBI.

In 2017, photographs captured by a former employee of a Texas blood bank that Patterson Veterinary distributed products from showed greyhounds under duress. PETA revealed pictures and video taken at The Pet Blood Bank showing kenneled dogs with open wounds, rotting teeth and severely overgrown toenails. According to The Washington Post, "Pet Blood Bank owner Shane Altizer did not deny that the images were taken there, but said they predated his 2015 purchase of the company or were “moment snapshots” unrepresentative of overall conditions now." A veterinarian who visited the facility earlier in the year said she found the dogs to be in satisfactory condition but after seeing the pictures, believed that “(T)he facility was ‘cleaned up’ before our touring...This certainly suggests that regional, state and/or federal regulation is warranted.”

On its website, Patterson said it had "ceased doing business" with the blood bank, which subsequently closed.

Investment goal date:
Dividends reinvested
Patterson Companies, Inc. PDCO report Q1 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q3 2017
2018-02-23
--
--
Q2 2017
2017-11-21
--
--
Q2 2017
2017-11-20
--
--
Q1 2017
2017-08-24
0.4400
0.3300
Q4 2016
2017-05-25
0.6900
0.6500
Q3 2016
2017-02-23
0.5800
0.2900
Q2 2016
2016-11-22
0.5600
0.4800
Q1 2016
2016-08-25
0.5100
0.4000
Q4 2015
2016-05-26
0.7700
0.6800
Q3 2015
2016-02-25
0.6800
0.6000
Q2 2015
2015-11-24
0.5600
0.4300
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
BlackRock Fund Advisors
2207686
BlackRock Inc.
6715909
BlackRock Institutional Trust Company, N.A.
2536806
Fairpointe Capital LLC
3494234
GAMCO INVESTORS, INC. ET AL
1327807
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
1588289
MAIRS & POWER INC
2327061
PARNASSUS INVESTMENTS /CA
8396864
PRICE T ROWE ASSOCIATES INC /MD/
2389997
SHAPIRO CAPITAL MANAGEMENT LLC
1433460
STATE STREET CORP
4180364
Vanguard Group, Inc
8204738
WELLINGTON MANAGEMENT CO LLP
2501782
WELLS FARGO & CO/MN
3087059
WESTWOOD HOLDINGS GROUP INC
1513022
Major Shareholders
Name Relationship
Total Shares
Holding stocks
VINNEY LES C
0.0300% (33619)
CPB / PDCO /
FERAGEN JODY H
0.0200% (16955)
GGG / HRL / PDCO /
RUDNICK ELLEN A
0.0400% (45293)
FMBI / HMSY / PDCO /
LACY ANDRE B
0.0500% (47615)
PDCO /
SLAVKIN HAROLD C
0.0100% (5694)
PDCO /
WILTZ JAMES W
0.0500% (54793)
PDCO /
ARMSTRONG R STEPHEN
0.1500% (154577)
PDCO /
Buck John D
0.0500% (51793)
PDCO / VVTV /
Anderson Scott P
0.0900% (98702)
CHRW / PDCO /
Thygesen Jerome E
0.0300% (29117)
PDCO /
Henriques George L
0.0300% (35890)
PDCO /
Schrimsher Neil A
0.0100% (10546)
AIT / PDCO /
GUGGENHEIM PAUL A
0.0900% (90615)
PDCO /
HAMM RANELL M
0.0200% (23895)
PDCO /
GUGINO ANN B
0.0300% (29895)
PDCO /
MUNIZ SEAN M
0.0200% (23096)
PDCO /
ORSCHELN MICHAEL J
0.0100% (13623)
PDCO /
LIN SARENA S
0.0100% (15546)
PDCO /
BURNHAM JONELLE R
0.0200% (19882)
PDCO /
KORSH LES B
0.0100% (9870)
PDCO /
BAKER KELLY A
0.0200% (16298)
PDCO /
MISIAK DAVID G
0.0100% (12452)
PDCO /
MISIAK DAVID G
0.0100% (12510)
PDCO /
% ()