MAGN Magnera Corporation Common Stock
About Magnera Corporation Common Stock Company overview from Wikipedia
Glatfelter was a global manufacturer of engineered solutions. It merged with Berry Global’s Health, Hygiene and Specialties Global Nonwovens and Films business, to form Magnera Corporation, the largest nonwovens company in the world. Magnera provides a broad platform of solutions for the specialty materials industry.
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Glatfelter was a global manufacturer of engineered solutions. It merged with Berry Global’s Health, Hygiene and Specialties Global Nonwovens and Films business (the “HHNF Business”), to form Magnera Corporation (NYSE: MAGN), the largest nonwovens company in the world. Magnera provides a broad platform of solutions for the specialty materials industry.
The company's products are found in tea and single-serve coffee filtration, personal hygiene and packaging products as well as home improvement and industrial applications. Headquartered in Charlotte, North Carolina, the company's annualized net sales approximate $1 billion with customers in over 100 countries and approximately 2,560 employees worldwide. Operations include twelve manufacturing facilities located in the United States, Canada, Germany, France, the United Kingdom, and the Philippines.
The company was started by Philip Henry Glatfelter in 1864 in Spring Grove, Pennsylvania. Glatfelter's annual revenues are approximately $1.1 Billion annually, and its common stock is traded on the New York Stock Exchange under the ticker symbol GLT. Glatfelter and its subsidiaries employ approximately 3,250 people worldwide.
History
As early as 1880, Glatfelter led the industry with the installation of the world's largest paper machine.
Glatfelter switched to making paper using wood fiber instead of rags in the 1880s.
In 1934, Glatfelter began its forestry management initiative, encouraging farmers to plant more trees and prevent soil erosion.
In 1947, Glatfelter launched a tree farm managed for the growing of sustainable forest crops in Pennsylvania and Maryland.
Glatfelter's previous president and CEO, George Henry Glatfelter II, is the great-great grandson of the founder, Philip Henry Glatfelter (1837–1907), who also founded York Ice Company, which became York Heating and Air Conditioning.
Glatfelter's work with sustainable tea packaging was highlighted in the September 2009 issue of the Tea & Coffee Trade Journal.
In August 2018, Glatfelter announced an agreement to sell its Specialty Papers division to private investment firm Lindsay Goldberg for $360 million, with the sale to close before 2019. This formed a new privately held company, Pixelle Specialty Solutions.
In February 2020, Glatfelter announced it would relocate its corporate headquarters from York, Pennsylvania, to Charlotte, North Carolina later in the year.
In June 2021, Glatfelter acquired the Mount Holly and Memphis sites. The transaction included Georgia-Pacific’s Mount Holly, North Carolina airlaid manufacturing operation and an R&D development in Memphis Tennessee. The Mount Holly site produces airlaid products focused on table top materials.
In October 2021, Glatfelter acquired Jacob Holm. Glatfelter acquired four additional manufacturing sites and six sales offices located in the Americas, Europe, and Asia, and approximately 760 employees world-wide.
August 25, 2022, Glatfelter announced Thomas Fahnemann has been appointed to the role of president and chief executive officer. He replaced chairman and chief executive officer, Dante C. Parrini, who left the company following a 25-year career. The Board also appointed Kevin Fogarty, independent Glatfelter board director and chairman of the nominating and corporate governance committee, to the role of non-executive chairman.
February 14, 2024, US packaging producer Berry Global Group signed a definitive agreement with fellow US Glatfelter Corporation on 7 February for the spin-off and merger of the majority of Berry’s Health, Hygiene ad Specialties segment, including nonwovens and films ("HHNF”), with Glatfelter. The merger reportedly aims to create a leading, publicly traded company in the specialty materials industry.
November 4, 2024, Glatfelter merged with Berry Global’s Health, Hygiene and Specialties Global Nonwovens and Films business (the “HHNF Business”), forming Magnera Corporation.
Environmental concerns
In 2016, Glatfelter's Spring Grove paper mill was listed just outside the top 1% of toxic air pollution sources in the United States, according to the U.S. Environmental Protection Agency, ranking 160 out of 15,461 sites evaluated. The Pennsylvania Department of Environmental Protection cited the company for two significant violations since 2013, and the company has been federally cited for significant violations of the Clean Air Act. In response to these violations and subsequent press coverage, a Glatfelter representative stated to the York Daily Record that the company maintains a commitment to improving its environmental performance. Glatfelter sold the Spring Grove mill in 2018.
== Products ==
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
MAGN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
MAGN Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| June 30, 2022 | $1.8200 |
| March 31, 2022 | $1.8200 |
| Dec. 31, 2021 | $1.8200 |
| Sept. 30, 2021 | $1.8200 |
| June 30, 2021 | $1.8200 |
| March 31, 2021 | $1.7550 |
| Dec. 31, 2020 | $1.7550 |
| Oct. 2, 2020 | $1.7550 |
| July 1, 2020 | $1.7550 |
| April 2, 2020 | $1.6900 |
| Jan. 2, 2020 | $1.6900 |
| Oct. 2, 2019 | $1.6900 |
| July 2, 2019 | $1.6900 |
| April 2, 2019 | $1.6900 |
| Jan. 2, 2019 | $1.6900 |
| Oct. 2, 2018 | $1.6900 |
| July 2, 2018 | $1.6900 |
| April 2, 2018 | $1.6900 |
| Jan. 2, 2018 | $1.6900 |
| Oct. 10, 2017 | $1.6900 |
MAGN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 0 0.0%
- Buy 0 0.0%
- Hold 4 57.1%
- Sell 1 14.3%
- Strong Sell 2 28.6%
12-Month Price Target
2 analysts · 2026-08-23Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| Sept. 30, 2026 | $-0.56 | $0.26 | -0.81% |
| June 30, 2026 | $-0.56 | $0.26 | -0.81% |
| March 31, 2026 | $-0.50 | $-0.04 | -0.46% |
| Dec. 31, 2025 | $-0.95 | $0.11 | -1.1% |
| Sept. 30, 2025 | $-1.13 | $0.16 | -1.3% |
| June 30, 2025 | $-0.51 | $0.15 | -0.66% |
| March 31, 2025 | $-1.15 | $0.20 | -1.4% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MAGN | — | -2.5 | 46.5% | -5.0% | -14.7% | — |
| SLVM | $1.90B | 14.9 | -11.2% | 3.9% | 13.7% | — |
| CLW | — | -15.1 | 12.4% | -1.2% | -2.2% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.20B | $2.19B | $1.40B | $1.49B | $1.08B | $916M | $928M | $866M | $800M | $761M | $1.67B | |
| Cost of Revenue | $2.87B | $1.95B | $1.26B | $1.34B | $940M | $769M | $780M | $736M | $657M | $629M | $1.46B | |
| Gross Profit | · | · | $130M | $149M | $145M | $148M | $148M | $130M | $144M | $132M | $203M | |
| R&D Expense | $20M | $13M | · | · | · | · | · | · | · | · | · | |
| SG&A Expense | $190M | $107M | $110M | $125M | $121M | $99M | $95M | $112M | $111M | $153M | $128M | |
| Operating Expenses | $2.85B | $1.91B | · | · | · | · | · | · | · | · | · | |
| Operating Income | $5M | $-141M | $3M | $-164M | $29M | $49M | $55M | $22M | $33M | $-22M | $96M | |
| Interest Expense | · | · | $65M | $33M | $12M | $7M | $10M | $16M | $13M | $14M | $17M | |
| Interest Income | · | · | $1M | $408.0K | $73.0K | $399.0K | $1M | $559.0K | $237.0K | $206.0K | $283.0K | |
| Other Non-op | $-30M | $9M | $-11M | $-8M | $-3M | $-4M | $-4M | $383.0K | $-705.0K | $-7M | $-615.0K | |
| Pretax Income | $-166M | $-135M | $-71M | $-204M | $14M | $32M | $-34M | $7M | $19M | $-43M | $79M | |
| Income Tax | $-7M | $19M | $7M | $-10M | $7M | $12M | $-9M | $8M | $25M | $-28M | $14M | |
| Net Income | $-159M | $-154M | $-79M | $-194M | $7M | $21M | $-22M | $-178M | $8M | $22M | $65M | |
| EPS (Basic) | $-4.47 | $-4.84 | $-1.75 | $-4.33 | $0.15 | $0.48 | $-0.49 | $-4.06 | $0.18 | $0.49 | $1.49 | |
| EPS (Diluted) | $-4.47 | $-4.84 | $-1.75 | $-4.33 | $0.15 | $0.48 | $-0.49 | $-4.06 | $0.18 | $0.49 | $1.47 | |
| Shares (Basic) | 35,500,000 | 31,800,000 | 45,058,000 | 44,828,000 | 44,551,000 | 44,339,000 | 44,132,000 | 43,768,000 | 43,609,000 | 43,558,000 | 43,397,000 | |
| Shares (Diluted) | 35,500,000 | 31,800,000 | 45,058,000 | 44,828,000 | 44,924,000 | 44,614,000 | 44,132,000 | 43,768,000 | 44,439,000 | 44,129,000 | 43,942,000 | |
| EBITDA | $211M | · | $66M | $-97M | $90M | $106M | $105M | $69M | $134M | $94M | $160M |
Balance Sheet 30
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $305M | $230M | $50M | $111M | $138M | $100M | $126M | $143M | $116M | $55M | $105M | |
| Receivables | $522M | $359M | $171M | $196M | $170M | $123M | $124M | $120M | $111M | $153M | $167M | |
| Inventory | $474M | $259M | $298M | $309M | $280M | $196M | $190M | $173M | $136M | $250M | $247M | |
| Prepaid Expense | $122M | $38M | $86M | $64M | $48M | $34M | $36M | $33M | $32M | $36M | $33M | |
| Other Current Assets | · | · | · | · | · | · | · | $327M | $279M | $439M | $447M | |
| Current Assets | $1.42B | $886M | $606M | $679M | $637M | $453M | $477M | $469M | $585M | $494M | $552M | |
| PP&E (Net) | $1.48B | $949M | $663M | $676M | $759M | $543M | $537M | $556M | $515M | $429M | $699M | |
| PP&E (Gross) | $2.64B | $1.92B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | $1.16B | $970M | $697M | $645M | $592M | $569M | $490M | $459M | $435M | $1.04B | $1.01B | |
| Goodwill | $663M | $624M | $108M | $105M | $236M | $164M | $151M | $153M | $83M | $73M | $76M | |
| Intangibles | $227M | $226M | $106M | $109M | $156M | $82M | $84M | $94M | $59M | $56M | $63M | |
| Other Non-current Assets | $138M | $73M | $81M | $78M | $93M | $44M | $34M | $67M | $81M | $122M | $110M | |
| Total Assets | $3.99B | $2.81B | $1.56B | $1.65B | $1.88B | $1.29B | $1.28B | $1.34B | $1.73B | $1.52B | $1.50B | |
| Accounts Payable | $356M | $295M | $158M | $218M | $214M | $128M | $130M | $121M | $113M | $164M | $173M | |
| Accrued Liabilities | · | $162M | · | · | · | · | · | · | · | · | · | |
| Short-term Debt | · | · | $6M | $11M | $23M | $0 | · | · | · | · | · | |
| Current Liabilities | $601M | $457M | $280M | $360M | $371M | $233M | $231M | $233M | $347M | $323M | $304M | |
| Capital Leases | $45M | $39M | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $46M | $78M | $52M | $54M | $87M | $77M | $76M | $79M | $84M | $55M | $76M | |
| Other Non-current Liabilities | $281M | $94M | $121M | $121M | $141M | $110M | $84M | $88M | $80M | $126M | $103M | |
| Total Liabilities | $2.92B | $668M | $1.31B | $1.33B | $1.34B | $709M | $728M | $801M | $1.02B | $867M | $837M | |
| Long-term Debt | $1.95B | $1.95B | $872M | $844M | $776M | $315M | $362M | $413M | $483M | $375M | $364M | |
| Total Debt | $1.95B | · | $860M | $845M | $787M | $314M | $360M | $412M | $481M | $373M | $364M | |
| Common Stock | $1M | $0 | $544.0K | $544.0K | $544.0K | $544.0K | $544.0K | $544.0K | $544.0K | $544.0K | $544.0K | |
| Paid-in Capital | $1.42B | $0 | · | · | · | · | · | · | · | · | · | |
| Retained Earnings | $-159M | $0 | $420M | $499M | $706M | $723M | $726M | $770M | $948M | $963M | $963M | |
| Treasury Stock | · | · | $140M | $144M | $148M | $151M | $152M | $157M | $162M | $163M | $165M | |
| AOCI | $-195M | $-168M | $-83M | $-98M | $-80M | $-59M | $-78M | $-137M | $-141M | $-205M | $-190M | |
| Stockholders' Equity | $1.06B | $2.14B | $257M | $318M | $543M | $578M | $556M | $539M | $709M | $654M | $663M | |
| Liabilities + Equity | $3.99B | $2.81B | $1.56B | $1.65B | $1.88B | $1.29B | $1.28B | $1.34B | $1.73B | $1.52B | $1.50B |
Cash Flow 19
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $206M | $175M | $63M | $67M | $61M | $57M | $51M | $48M | $42M | $39M | $63M | |
| Stock-based Comp | $19M | $7M | $3M | $831.0K | $5M | $6M | $4M | $6M | $5M | $5M | $7M | |
| Deferred Tax | $-27M | $-9M | $-12M | $-24M | $-14M | $-2M | $-23M | $-8M | $12M | $-38M | $-2M | |
| Amort. of Intangibles | $50M | $48M | $9M | $10M | $10M | $8M | $8M | $6M | $5M | $5M | $5M | |
| Restructuring | $89M | $30M | · | · | · | · | · | · | · | · | · | |
| Other Non-cash | $64M | · | $-431.0K | $110M | $11M | $28M | $93M | $126M | $-5M | $45M | $590.0K | |
| Operating Cash Flow | $103M | $192M | $-26M | $-41M | $71M | $109M | $103M | $-6M | $53M | $31M | $134M | |
| CapEx | $67M | $72M | $34M | $38M | $30M | $28M | $28M | $42M | $81M | $61M | $100M | |
| Investing Cash Flow | $-8M | $-39M | $-37M | $-33M | $-490M | $-27M | $-27M | $-218M | $-81M | $-62M | · | |
| Debt Issued | · | · | $262M | $0 | $47M | $0 | $249M | · | · | $19M | $3M | |
| Net Debt Issued | $-484M | · | $34M | $-35M | $21M | $-23M | $232M | $-11M | $-10M | $11M | $-2M | |
| Stock Issued | $1.56B | $0 | · | · | · | · | · | · | · | · | · | |
| Net Stock Activity | $1.56B | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid | · | · | $0 | $19M | $24M | $23M | $23M | $23M | $22M | $22M | $20M | |
| Financing Cash Flow | $-21M | $-109M | $-949.0K | $47M | $462M | $-100M | $-73M | $-91M | $77M | $-7M | · | |
| Net Change in Cash | $75M | $45M | $-63M | $-29M | $38M | $-13M | $3M | $-321M | $56M | $-40M | $5M | |
| Taxes Paid | · | · | $9M | $24M | $16M | $-10M | $14M | $15M | $9M | $14M | $16M | |
| Free Cash Flow | $36M | · | $-59M | $-79M | $41M | $81M | $75M | $-48M | $-28M | $-44M | $34M | |
| Levered FCF | · | · | $-131M | $-110M | $35M | $76M | $67M | $-47M | $-32M | $-76M | $20M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | · | · | 9.4% | 10.0% | 13.4% | 16.1% | 15.9% | 15.0% | 12.1% | 13.6% | 12.2% | |
| Operating Margin | 0.16% | · | 0.20% | -11.0% | 2.6% | 5.4% | 5.9% | 2.5% | 3.6% | 1.7% | 5.8% | |
| Net Margin | -5.0% | · | -5.7% | -13.0% | 0.64% | 2.3% | -2.3% | -20.5% | 0.50% | 1.3% | 3.9% | |
| Pretax Margin | -5.2% | · | -5.1% | -13.7% | 1.3% | 3.5% | -3.7% | 0.84% | 2.5% | 0.67% | 4.7% | |
| EBITDA Margin | 6.6% | · | 4.8% | -6.5% | 8.3% | 11.5% | 11.4% | 8.0% | 8.4% | 5.8% | 9.6% | |
| ROA | -4.7% | · | -4.9% | -11.0% | 0.44% | 1.7% | -1.6% | -11.6% | 0.49% | 1.4% | 4.2% | |
| ROE | -14.7% | · | -5.9% | -60.9% | 1.2% | 3.8% | -3.9% | -31.0% | 1.2% | 3.3% | 9.8% | |
| ROIC | 0.16% | · | 0.27% | -13.4% | 1.1% | 3.5% | 4.4% | -0.14% | 0.98% | 5.4% | 7.7% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.4 | · | 2.2 | 1.9 | 1.7 | 1.9 | 2.1 | 2.0 | 1.7 | 1.5 | 1.8 | |
| Quick Ratio | 1.4 | · | 0.8 | 0.8 | 0.8 | 1.0 | 1.1 | 1.1 | 0.8 | 0.6 | 0.9 | |
| Debt / Equity | 1.8 | · | 3.3 | 2.7 | 1.5 | 0.5 | 0.6 | 0.8 | 0.7 | 0.6 | 0.5 | |
| LT Debt / Equity | 1.8 | · | 3.3 | 2.5 | 1.4 | 0.5 | 0.6 | 0.7 | 0.7 | 0.6 | 0.5 | |
| Interest Coverage | · | · | 0.0 | -4.9 | 2.3 | 7.0 | 5.2 | 1.4 | 3.3 | 1.8 | 5.5 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.9 | · | 0.9 | 0.8 | 0.7 | 0.7 | 0.7 | 0.6 | 1.0 | 1.1 | 1.1 | |
| Inventory Turnover | 7.8 | · | 4.1 | 4.6 | 4.0 | 4.0 | 4.3 | 4.8 | 5.6 | 5.6 | 5.9 | |
| Receivables Turnover | 7.3 | · | 7.6 | 8.2 | 7.4 | 7.4 | 7.6 | 7.5 | 9.8 | 10.1 | 10.1 |
Growth Rates 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 46.5% | -3.9% | -7.1% | 37.5% | 18.4% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 29.0% | 26.3% | 14.8% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 28.4% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | · | · | · | · | -68.8% | · | · | · | · | · | · | |
| Net Income YoY | · | · | · | · | -67.4% | · | · | · | · | · | · |
Valuation (TTM) 6
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.20B | · | $1.40B | $1.49B | $1.08B | $916M | $928M | $866M | $800M | $761M | $1.67B | |
| Net Income TTM | $-159M | · | $-79M | $-194M | $7M | $21M | $-22M | $-178M | $8M | $22M | $65M | |
| P/E | -2.5 | · | -14.4 | -8.3 | 1490.7 | 443.6 | -485.5 | -31.3 | 1548.4 | 633.8 | 163.1 | |
| Earnings Yield | -40.5% | · | -6.9% | -12.0% | 0.07% | 0.23% | -0.21% | -3.2% | 0.06% | 0.16% | 0.61% | |
| Payout Ratio | · | · | 0.00% | -9.7% | 352.6% | 110.3% | -106.5% | -12.8% | 284.1% | 100.2% | 31.7% | |
| Annual Payout | · | · | $0 | $19M | $24M | $23M | $23M | $23M | $22M | $22M | $20M |
Income Statement 17
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q4 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $857M | $796M | $792M | $839M | $839M | $824M | $702M | $332M | $554M | $329M | $327M | $320M | $1.21B | |
| Cost of Revenue | $745M | $701M | $695M | $751M | $749M | $736M | $631M | $297M | $496M | $293M | $293M | $290M | $1.03B | |
| Gross Profit | · | · | · | · | · | · | · | $35M | · | $37M | $35M | $31M | $44M | |
| SG&A Expense | $56M | $50M | $50M | $46M | $50M | $47M | $47M | $33M | $25M | $29M | $36M | $26M | $26M | |
| Operating Expenses | $758M | $706M | $699M | $749M | $748M | $735M | $618M | · | · | · | · | · | · | |
| Operating Income | $22M | $17M | $14M | $10M | $13M | $4M | $-22M | $3M | $-167M | $7M | $-2M | $4M | $71M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | · | $18M | $17M | $17M | |
| Interest Income | · | · | · | · | · | · | · | $237.0K | · | $273.0K | $261.0K | $327.0K | $329.0K | |
| Other Non-op | $-3M | $1M | $-3M | $-4M | $0 | $-5M | $-21M | $-3M | $8M | $-3M | $-2M | $-2M | $11M | |
| Pretax Income | $-18M | $-17M | $-29M | $-33M | $-24M | $-40M | $-69M | $-19M | $-159M | $-13M | $-21M | $-15M | $128M | |
| Income Tax | $2M | $1M | $5M | $7M | $-6M | $1M | $-9M | $1M | $20M | $3M | $5M | $-6M | $21M | |
| Net Income | $-20M | $-18M | $-34M | $-40M | $-18M | $-41M | $-60M | $-15M | $-179M | $-16M | $-26M | $-9M | $108M | |
| EPS (Basic) | $-0.56 | $-0.50 | $-0.95 | $-1.12 | $-0.51 | $-1.15 | $-1.69 | $-0.33 | $-5.63 | $-0.37 | $-0.58 | $-0.19 | $2.75 | |
| EPS (Diluted) | $-0.56 | $-0.50 | $-0.95 | $-1.12 | $-0.51 | $-1.15 | $-1.69 | $-0.33 | $-5.63 | $-0.37 | $-0.58 | $-0.19 | $2.75 | |
| Shares (Basic) | 35,900,000 | 35,900,000 | 35,700,000 | -71,100,000 | 35,600,000 | 35,600,000 | 35,400,000 | 45,442,000 | -63,600,000 | 45,338,000 | 45,184,000 | -90,039,000 | -103,297,000 | |
| Shares (Diluted) | 35,900,000 | 35,900,000 | 35,700,000 | -71,100,000 | 35,600,000 | 35,600,000 | 35,400,000 | 45,442,000 | -63,600,000 | 45,338,000 | 45,184,000 | -90,039,000 | -103,297,000 | |
| EBITDA | $72M | $68M | $63M | · | $71M | $62M | $31M | $19M | · | $23M | $14M | · | $18M |
Balance Sheet 29
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q4 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $280M | $303M | $264M | $305M | $276M | $282M | $215M | $42M | $230M | $34M | $30M | $50M | $53M | |
| Receivables | $531M | $536M | $553M | $522M | $517M | $492M | $475M | $173M | $359M | $178M | $181M | $171M | $168M | |
| Inventory | · | · | · | $474M | · | · | · | $313M | $259M | $305M | $300M | $298M | $302M | |
| Prepaid Expense | $83M | $96M | $72M | $122M | $156M | $146M | $140M | $58M | $38M | $69M | $74M | $86M | $72M | |
| Current Assets | $1.39B | $1.41B | $1.36B | $1.42B | $1.48B | $1.43B | $1.34B | $586M | $886M | $586M | $584M | $606M | $595M | |
| PP&E (Net) | · | · | · | $1.48B | · | · | · | $649M | $949M | $639M | $649M | $663M | $655M | |
| PP&E (Gross) | · | · | · | $2.64B | · | · | · | · | $1.92B | · | · | · | · | |
| Accum. Depreciation | · | · | · | $1.16B | · | · | · | · | $970M | · | · | $697M | · | |
| Goodwill | · | · | · | $663M | · | · | · | $109M | $624M | $105M | $106M | $108M | $794M | |
| Intangibles | · | · | · | $227M | · | · | · | $99M | $226M | $96M | $99M | $106M | $275M | |
| Other Non-current Assets | $133M | $136M | $135M | $138M | $153M | $153M | $173M | $79M | $73M | $79M | $79M | $81M | $76M | |
| Total Assets | $3.83B | $3.90B | $3.89B | $3.99B | $4.11B | $4.06B | $3.99B | $1.52B | $2.81B | $1.51B | $1.52B | $1.56B | $1.53B | |
| Accounts Payable | $361M | $369M | $326M | $356M | $393M | $379M | $333M | $152M | $295M | $156M | $134M | $158M | $157M | |
| Accrued Liabilities | · | · | · | · | $183M | $209M | $205M | · | · | · | · | · | · | |
| Short-term Debt | · | · | · | · | · | · | · | $8M | · | $8M | $7M | $6M | $6M | |
| Current Liabilities | $569M | $605M | $556M | $601M | $584M | $596M | $546M | $263M | $457M | $265M | $253M | $280M | $256M | |
| Capital Leases | $42M | $43M | $44M | $45M | $48M | $55M | $57M | · | $39M | · | · | · | · | |
| Deferred Tax | $50M | $52M | $48M | $46M | $73M | $101M | $110M | $50M | $78M | $51M | $51M | $52M | $53M | |
| Other Non-current Liabilities | $255M | $258M | $276M | $281M | $285M | $226M | $186M | $122M | $94M | $122M | $122M | $121M | $123M | |
| Total Liabilities | $2.82B | $2.86B | $2.85B | $2.92B | $2.98B | $2.97B | $2.89B | $1.31B | $668M | $1.30B | $1.29B | $1.31B | $1.28B | |
| Long-term Debt | $1.90B | $1.90B | $1.93B | $0 | $2.00B | $2.00B | $2.00B | $895M | $1.95B | $877M | $885M | $872M | $868M | |
| Total Debt | $1.90B | $1.90B | $1.93B | · | $2.00B | $2.00B | $2.00B | $888M | · | $870M | $876M | · | $855M | |
| Common Stock | $1M | $1M | $1M | $1M | · | · | · | $544.0K | $0 | $544.0K | $544.0K | $544.0K | $544.0K | |
| Paid-in Capital | $1.43B | $1.43B | $1.42B | · | $1.41B | $1.41B | $1.41B | · | · | · | · | · | · | |
| Retained Earnings | $-231M | $-211M | $-193M | $-159M | $-119M | $-101M | $-60M | $362M | $0 | $377M | $393M | $420M | $428M | |
| Treasury Stock | · | · | · | · | · | · | · | $134M | · | $135M | $137M | $140M | $140M | |
| AOCI | $-183M | $-177M | $-192M | $-195M | $-164M | $-214M | $-239M | $-77M | $-168M | $-93M | $-90M | $-83M | $-94M | |
| Stockholders' Equity | $1.02B | $1.04B | $1.04B | $1.06B | $1.13B | $1.09B | $1.11B | $207M | $2.14B | $206M | $223M | $257M | $254M | |
| Liabilities + Equity | $3.83B | $3.90B | $3.89B | $3.99B | $4.11B | $4.06B | $3.99B | $1.52B | $2.81B | $1.51B | $1.52B | $1.56B | $1.53B |
Cash Flow 17
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q4 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $50M | $51M | $49M | $37M | $58M | $58M | $53M | $16M | $45M | $16M | $16M | $16M | $122M | |
| Stock-based Comp | $4M | $4M | $5M | $4M | $5M | $4M | $6M | $-2M | $1M | $-2M | $671.0K | $592.0K | $5M | |
| Deferred Tax | $-2M | $-1M | $1M | $-34M | $-3M | $2M | $8M | $-3M | $0 | $7M | $-275.0K | $-10M | $-7M | |
| Amort. of Intangibles | $11M | $12M | $11M | $9M | $13M | $14M | $14M | · | $12M | · | $2M | $2M | $44M | |
| Restructuring | $23M | $16M | $22M | $20M | $14M | $23M | $32M | · | $12M | · | · | · | · | |
| Other Non-cash | · | · | $-19M | · | · | · | $-65M | · | · | · | $-23M | · | · | |
| Operating Cash Flow | $-13M | $87M | $2M | $96M | $0 | $65M | $-58M | $-1M | $161M | $6M | $-33M | $16M | $299M | |
| CapEx | $15M | $14M | $15M | $15M | $13M | $23M | $16M | $-19M | $16M | $-3M | $7M | $9M | $63M | |
| Investing Cash Flow | $-8M | $-14M | $-15M | $-15M | $-13M | $-1M | $21M | $-8M | $-12M | $-27M | $-7M | $-8M | $-59M | |
| Debt Issued | $0 | $0 | $0 | · | $0 | $0 | $1.56B | $0 | · | $0 | $0 | $0 | $0 | |
| Net Debt Issued | · | · | $-27M | · | · | · | $1.13B | · | · | · | $-988.0K | · | · | |
| Dividends Paid | · | · | · | · | · | · | · | · | · | · | · | $0 | $0 | |
| Financing Cash Flow | $-2M | $-36M | $-27M | $-49M | $-4M | $-1M | $33M | $11M | $-98M | $26M | $21M | $-12M | $-221M | |
| Net Change in Cash | $-23M | $39M | $-41M | $29M | $-6M | $67M | $-15M | $-217.0K | $54M | $-68.0K | $-21M | $-3M | $32M | |
| Taxes Paid | · | · | · | · | · | · | · | $3M | · | $2M | $3M | $3M | $3M | |
| Free Cash Flow | · | · | $-13M | · | · | · | $-74M | · | · | · | $-41M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | · | $-63M | · | · |
Profitability 8
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q4 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | · | · | · | · | · | · | · | 10.7% | · | 11.2% | 10.5% | · | 13.5% | |
| Operating Margin | 2.6% | 2.1% | 1.8% | · | 1.6% | 0.49% | -3.1% | 0.89% | · | 2.2% | -0.47% | · | 0.80% | |
| Net Margin | -2.3% | -2.3% | -4.3% | · | -2.1% | -5.0% | -8.6% | -4.6% | · | -4.9% | -8.1% | · | -6.0% | |
| Pretax Margin | -2.1% | -2.1% | -3.7% | · | -2.9% | -4.9% | -9.8% | -5.6% | · | -3.9% | -6.4% | · | -5.0% | |
| EBITDA Margin | 8.4% | 8.5% | 8.0% | · | 8.5% | 7.5% | 4.4% | 5.7% | · | 6.9% | 4.3% | · | 5.6% | |
| ROA | -0.50% | -0.45% | -0.86% | · | -0.64% | -1.5% | -2.2% | -1.0% | · | -1.1% | -1.7% | · | -1.2% | |
| ROE | -1.9% | -1.7% | -3.2% | · | -2.7% | -6.3% | -9.0% | -6.6% | · | -6.7% | -9.8% | · | -6.9% | |
| ROIC | 0.84% | 0.61% | 0.55% | · | 0.31% | 0.13% | -0.62% | 0.29% | · | 0.83% | -0.18% | · | 0.29% |
Liquidity & Solvency 5
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q4 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.4 | 2.3 | 2.5 | · | 2.5 | 2.4 | 2.5 | 2.2 | · | 2.2 | 2.3 | · | 2.3 | |
| Quick Ratio | 1.4 | 1.4 | 1.5 | · | 1.4 | 1.3 | 1.3 | 0.8 | · | 0.8 | 0.8 | · | 0.9 | |
| Debt / Equity | 1.9 | 1.8 | 1.9 | · | 1.8 | 1.8 | 1.8 | 4.3 | · | 4.2 | 3.9 | · | 3.4 | |
| LT Debt / Equity | 1.9 | 1.8 | 1.9 | · | 1.8 | 1.8 | 1.8 | 4.3 | · | 4.2 | 3.9 | · | 3.3 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | · | -0.1 | · | 0.2 |
Efficiency 3
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q4 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | 0.2 | · | 0.3 | 0.3 | 0.3 | 0.2 | · | 0.2 | 0.2 | · | 0.2 | |
| Inventory Turnover | · | · | · | · | · | · | · | 1.0 | · | 0.9 | 0.9 | · | 0.9 | |
| Receivables Turnover | 1.6 | 1.5 | 1.5 | · | 2.4 | 2.5 | 2.1 | 1.9 | · | 1.8 | 1.7 | · | 1.8 |
Valuation (TTM) 4
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q4 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.28B | $3.25B | $3.16B | · | $2.70B | $2.19B | · | · | · | · | · | · | $2.27B | |
| Net Income TTM | $-90M | $-111M | $-153M | · | $-134M | $-133M | · | · | · | · | · | · | $38M | |
| P/E | -5.0 | -2.9 | -3.5 | · | -3.4 | -5.2 | · | · | · | · | · | · | 21.8 | |
| Earnings Yield | -20.1% | -35.0% | -28.5% | · | -29.2% | -19.4% | · | · | · | · | · | · | 4.6% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-09-27 | 2024-09-28 | 2023-12-31 | 2023-09-30 | 2022-12-31 | |
|---|---|---|---|---|---|
| Revenue | $3.20B | $2.19B | $1.40B | $2.27B | $1.49B |
| Gross Margin % | — | — | 9.4% | — | 10.0% |
| Operating Margin % | 0.16% | — | 0.20% | — | -11.0% |
| Net Income | $-159M | $-154M | $-79M | $38M | $-194M |
| Diluted EPS | $-4.47 | $-4.84 | $-1.75 | $1.19 | $-4.33 |
Balance Sheet
| 2025-09-27 | 2024-09-28 | 2023-12-31 | 2023-09-30 | 2022-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 1.8 | — | 3.3 | — | 2.7 |
| Current Ratio | 2.4 | — | 2.2 | — | 1.9 |
| Quick Ratio | 1.4 | — | 0.8 | — | 0.8 |
Cash Flow
| 2025-09-27 | 2024-09-28 | 2023-12-31 | 2023-09-30 | 2022-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $36M | — | $-59M | — | $-79M |
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Institutional owners (13F) 196 filers · $344.9M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 31 (+2 vs prior Q) | 21 (-11 vs prior Q) | 57 (-6 vs prior Q) | 42 (-6 vs prior Q) | +1.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Newtyn Management, LLC | $32,900,000 | 2,800,000 | 9.54% | Shares |
| Engine Capital Management, LP | $26,364,967 | 2,243,827 | 7.64% | Shares |
| LITTLEJOHN & CO LLC | $22,196,784 | 1,889,088 | 6.44% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $18,366,554 | 1,563,111 | 5.32% | Shares |
| Madison Avenue Partners, LP | $15,299,276 | 1,302,066 | 4.44% | Shares |
| Diameter Capital Partners LP | $14,168,068 | 1,205,793 | 4.11% | Shares |
| DG Capital Management, LLC | $12,942,343 | 1,101,476 | 3.75% | Shares |
| CANYON CAPITAL ADVISORS LLC | $9,517,500 | 810,000 | 2.76% | Shares |
| D. E. Shaw & Co., Inc. | $9,279,504 | 789,745 | 2.69% | Shares |
| BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C. | $9,060,000 | 750,000 | 2.63% | Shares |
| Clearline Capital LP | $8,707,878 | 741,096 | 2.52% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $8,655,416 | 736,407 | 2.51% | Shares |
| STATE STREET CORP | $7,895,142 | 671,927 | 2.29% | Shares |
| JB CAPITAL PARTNERS LP | $7,696,250 | 655,000 | 2.23% | Shares |
| Verition Fund Management LLC | $7,135,810 | 607,303 | 2.07% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $7,068,788 | 601,599 | 2.05% | Shares |
| AMERICAN CENTURY COMPANIES INC | $7,049,894 | 599,991 | 2.04% | Shares |
| AMERIPRISE FINANCIAL INC | $6,794,087 | 578,220 | 1.97% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $6,628,645 | 564,140 | 1.92% | Shares |
| Assenagon Asset Management S.A. | $6,567,745 | 558,957 | 1.90% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $5,539,115 | 471,414 | 1.61% | Shares |
| ALGERT GLOBAL LLC | $5,256,562 | 447,367 | 1.52% | Shares |
| J. Goldman & Co LP | $4,993,621 | 424,989 | 1.45% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $4,973,904 | 423,311 | 1.44% | Shares |
| Seven Six Capital Management, LLC | $4,683,174 | 398,568 | 1.36% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $4,238,202 | 360,698 | 1.23% | Shares |
| Loews Corp | $3,525,000 | 300,000 | 1.02% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $3,437,451 | 292,549 | 1.00% | Shares |
| CastleKnight Management LP | $3,314,616 | 282,095 | 0.96% | Shares |
| VANGUARD GROUP INC | $3,218,386 | 212,575 | 0.93% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $2,647,921 | 225,355 | 0.77% | Shares |
| GRATIA CAPITAL, LLC | $2,642,246 | 224,872 | 0.77% | Shares |
| Squarepoint Ops LLC | $2,552,946 | 217,272 | 0.74% | Shares |
| Man Group plc | $2,434,248 | 207,170 | 0.71% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $2,427,597 | 206,604 | 0.70% | Shares |
| GOLDMAN SACHS GROUP INC | $2,353,596 | 200,306 | 0.68% | Shares |
| READYSTATE ASSET MANAGEMENT LP | $2,262,275 | 192,534 | 0.66% | Shares |
| PRIVATE MANAGEMENT GROUP INC | $2,194,054 | 186,728 | 0.64% | Shares |
| NORGES BANK | $2,120,875 | 180,500 | 0.61% | Shares |
| Trexquant Investment LP | $2,058,318 | 175,176 | 0.60% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $1,937,434 | 164,888 | 0.56% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $1,898,800 | 161,600 | 0.55% | Shares |
| TUDOR INVESTMENT CORP ET AL | $1,733,066 | 147,495 | 0.50% | Shares |
| Empowered Funds, LLC | $1,665,657 | 141,758 | 0.48% | Shares |
| Vanguard Global Advisers, LLC | $1,296,836 | 110,369 | 0.38% | Shares |
| XTX Topco Ltd | $1,256,134 | 106,905 | 0.36% | Shares |
| Alpine Global Management, LLC | $1,175,000 | 100,000 | 0.34% | Shares |
| RAYMOND JAMES FINANCIAL INC | $991,477 | 84,381 | 0.29% | Shares |
| Balyasny Asset Management L.P. | $955,393 | 81,310 | 0.28% | Shares |
| Quinn Opportunity Partners LLC | $888,582 | 75,624 | 0.26% | Shares |
| FMR LLC | $871,216 | 74,146 | 0.25% | Shares |
| Cubist Systematic Strategies, LLC | $849,169 | 72,455 | 0.25% | Shares |
| Susquehanna Portfolio Strategies, LLC | $833,099 | 70,902 | 0.24% | Shares |
| MORGAN STANLEY | $831,007 | 70,724 | 0.24% | Shares |
| Nebula Research & Development LLC | $817,599 | 67,682 | 0.24% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $672,981 | 57,275 | 0.20% | Shares |
| BANK OF AMERICA CORP /DE/ | $641,844 | 54,625 | 0.19% | Shares |
| Quantbot Technologies LP | $634,700 | 54,017 | 0.18% | Shares |
| Voleon Capital Management LP | $588,522 | 50,087 | 0.17% | Shares |
| Engineers Gate Manager LP | $578,570 | 49,240 | 0.17% | Shares |
| RBF Capital, LLC | $534,531 | 45,492 | 0.15% | Shares |
| RHUMBLINE ADVISERS | $483,918 | 41,185 | 0.14% | Shares |
| Tactive Advisors, LLC | $470,411 | 40,035 | 0.14% | Shares |
| TWO SIGMA ADVISERS, LP | $470,127 | 31,052 | 0.14% | Shares |
| BlackRock, Inc. | $466,581 | 39,709 | 0.14% | Shares |
| Bank of New York Mellon Corp | $450,824 | 38,368 | 0.13% | Shares |
| DEUTSCHE BANK AG\ | $387,092 | 32,944 | 0.11% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $383,708 | 32,656 | 0.11% | Shares |
| ALLIANCEBERNSTEIN L.P. | $372,164 | 39,134 | 0.11% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $371,300 | 31,600 | 0.11% | Shares |
| Odyssean, LLC | $355,273 | 30,236 | 0.10% | Shares |
| Dynamic Technology Lab Private Ltd | $340,000 | 28,942 | 0.10% | Shares |
| Sterling Capital Management LLC | $304,560 | 25,920 | 0.09% | Shares |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC | $299,367 | 25,478 | 0.09% | Shares |
| TWO SIGMA INVESTMENTS, LP | $290,707 | 24,741 | 0.08% | Shares |
| CITIGROUP INC | $284,773 | 24,236 | 0.08% | Shares |
| AlphaQuest LLC | $277,955 | 18,359 | 0.08% | Shares |
| BROWN ADVISORY INC | $259,134 | 22,054 | 0.08% | Shares |
| IEQ CAPITAL, LLC | $254,188 | 21,633 | 0.07% | Shares |
| Brevan Howard Capital Management LP | $249,288 | 21,216 | 0.07% | Shares |
| National Philanthropic Trust | $244,964 | 20,848 | 0.07% | Shares |
| PRELUDE CAPITAL MANAGEMENT, LLC | $236,457 | 20,124 | 0.07% | Shares |
| LPL Financial LLC | $235,106 | 20,009 | 0.07% | Shares |
| State of Wyoming | $233,167 | 19,844 | 0.07% | Shares |
| ARISTEIA CAPITAL, L.L.C. | $222,851 | 18,966 | 0.06% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $218,162 | 18,567 | 0.06% | Shares |
| MetLife Investment Management, LLC | $210,372 | 17,904 | 0.06% | Shares |
| Glenmede Investment Management, LP | $207,350 | 17,692 | 0.06% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $203,201 | 15,752 | 0.06% | Shares |
| GLENMEDE TRUST CO NA | $190,256 | 16,192 | 0.06% | Shares |
| HSBC HOLDINGS PLC | $190,061 | 16,527 | 0.06% | Shares |
| EP Wealth Advisors, LLC | $183,982 | 15,658 | 0.05% | Shares |
| Cetera Investment Advisers | $183,406 | 15,609 | 0.05% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $182,689 | 15,548 | 0.05% | Shares |
| Mariner, LLC | $179,553 | 15,281 | 0.05% | Shares |
| OPPENHEIMER ASSET MANAGEMENT INC. | $178,212 | 15,167 | 0.05% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $155,100 | 13,200 | 0.04% | Call option |
| Invesco Ltd. | $148,297 | 12,621 | 0.04% | Shares |
| GLOBEFLEX CAPITAL L P | $147,157 | 12,524 | 0.04% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $145,547 | 12,387 | 0.04% | Shares |
Company insiders 53 insiders · 33 officers · 22 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Curt Begle | President & CEO | Nov. 14, 2025 A | 18,208 | 0 | 0 | $0 |
| Dante C Parrini | Chairman and CEO | May 20, 2022 P | 454,256 | 0 | 0 | $0 |
| James Till | EVP, CFO & Treasurer | Nov. 14, 2025 A | 2,726 | 0 | 0 | $0 |
| Ramesh Shettigar | Senior VP, CFO & Treasurer | May 12, 2024 M | 45,151 | 0 | 0 | $0 |
| Samuel L. Hillard | SVP, CFO | Feb. 18, 2022 A | 56,423 | 0 | 0 | $0 |
| John P Jacunski | Exec Vice President & CFO | Feb. 26, 2019 M | 106,284 | 0 | 0 | $0 |
| John C Van Roden JR | Chief Financial Officer | May 12, 2006 M | 1,900 | 0 | 0 | $0 |
| Achim Schalk | President, EMEIA/APAC | Nov. 4, 2024 A | — | 0 | 0 | $0 |
| Tarun Manroa | EVP, COO | Nov. 14, 2025 A | 2,015 | 0 | 0 | $0 |
| Boris Illetschko | SVP, Chief Operating Officer | Aug. 1, 2024 M | 12,426 | 0 | 0 | $0 |
| Jill L. Urey | EVP, GC & Corp Sec | Feb. 28, 2026 M | 5,134 | 0 | 0 | $0 |
| Eileen L Beck | EVP, Chief HR Officer | Feb. 24, 2025 M | 6,822 | 0 | 0 | $0 |
| David C Elder | Vice Pres, Finance and CAO | May 12, 2024 M | 107,177 | 0 | 0 | $0 |
| Wolfgang Laures | SVP, IGSC and IT | Feb. 24, 2023 A | 316,568 | 0 | 0 | $0 |
| Christopher W. Astley | SVP, Chief Commercial Officer | Feb. 24, 2023 A | 61,385 | 0 | 0 | $0 |
| Philippe Sevoz | VP, Global Operations | Feb. 22, 2021 M | 1,768 | 0 | 0 | $0 |
| Joseph J. Zakutney Jr | VP, CIO & Global Business Ser | Feb. 21, 2020 A | 12,788 | 0 | 0 | $0 |
| Martin Rapp | Senior VP, Bus.Unit Pres.-CFBU | Feb. 26, 2019 M | 66,454 | 0 | 0 | $0 |
| Kent K. Matsumoto | VP, Gnl. Counsel & Secretary | Feb. 22, 2018 A | 2,665 | 0 | 0 | $0 |
| Timothy R Hess | Senior VP, Bus. Unit Pres-SPBU | Feb. 22, 2018 A | 9,365 | 0 | 0 | $0 |
| Brian E Janki | Senior VP, Bus.Unit Pres.-SPBU | Feb. 25, 2016 A | 8,310 | 0 | 0 | $0 |
| Mark A Sullivan | V. P. Global Supply Chain | Feb. 25, 2016 A | 33,321 | 0 | 0 | $0 |
| William T. Yanavitch II | Senior VP, H.R. & Admin. | Feb. 25, 2016 A | 28,214 | 0 | 0 | $0 |
| Jonathan Bourget | VP, AMBU Business Unit | Feb. 26, 2014 A | 5,192 | 0 | 0 | $0 |
| Debabrata Mukherjee | Vice President, Business Unit | May 8, 2013 M | 57,622 | 0 | 0 | $0 |
| Michael L Korniczky | VP, Gen. Counsel & Secretary | March 6, 2012 A | — | 0 | 0 | $0 |
| Thomas G Jackson | VP, Secretary, General Counsel | March 3, 2011 A | 704 | 0 | 0 | $0 |
| Jeffrey J Norton | Secretary | March 5, 2008 A | — | 0 | 0 | $0 |
| Werner A Ruckenbrod | Vice President Long Fiver & Ov | Feb. 15, 2006 A | 1,108 | 0 | 0 | $0 |
| Matthew C Smith | Treasurer | April 7, 2004 A | 4,684 | 0 | 0 | $0 |
| Markus R Mueller | Secretary | April 7, 2004 A | 370 | 0 | 0 | $0 |
| Robert L Inners II | Vice President | March 3, 2004 A | 4,384 | 0 | 0 | $0 |
| John R Anke | Treasurer | Jan. 2, 2004 D | — | 0 | 0 | $0 |
| Thomas Fahnemann | Director | March 9, 2026 A | 83,622 | 0 | 0 | $0 |
| Mary Dean Hall | Director | March 9, 2026 A | 9,501 | 0 | 0 | $0 |
| Michael S Curless | Director | March 9, 2026 A | 9,501 | 0 | 0 | $0 |
| Tom Salmon | Director | March 9, 2026 A | 9,501 | 0 | 0 | $0 |
| Samantha J. Marnick | Director | March 9, 2026 A | 13,501 | 0 | 0 | $0 |
| Kevin Michael Fogarty | Director | March 9, 2026 A | 22,314 | 0 | 0 | $0 |
| Bruce Brown | Director | March 9, 2026 A | 21,533 | 0 | 0 | $0 |
| Carl J Rickertsen | Director | March 9, 2026 A | 50,807 | 0 | 0 | $0 |
| Darrel H. Hackett | Director | May 10, 2024 A | 74,598 | 0 | 0 | $0 |
| Marie T. Gallagher | Director | May 10, 2024 A | 55,528 | 0 | 0 | $0 |
| Robert J Hall | Director | May 10, 2024 A | 145,469 | 0 | 0 | $0 |
| Kathleen Dahlberg | Director | May 10, 2024 A | 128,719 | 0 | 0 | $0 |
| Lee C Stewart | Director | Sept. 25, 2023 M | 123,719 | 0 | 0 | $0 |
| Nicholas Debenedictis | Director | May 7, 2020 A | 97,457 | 0 | 0 | $0 |
| Ronald J Naples | Director | May 7, 2020 A | 69,521 | 0 | 0 | $0 |
| Richard C Ill | Director | May 8, 2019 M | 62,893 | 0 | 0 | $0 |
| Richard L Smoot | Director | May 7, 2015 M | 30,568 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 7 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| ENGINE CAPITAL, L.P., ENGINE JET CAPITAL, L.P., ENGINE LIFT CAPITAL, LP, ENGINE CAPITAL MANAGEMENT, LP, ENGINE CAPITAL MANAGEMENT GP, LLC, ENGINE INVESTMENTS, LLC, ENGINE INVESTMENTS II, LLC, ARNAUD AJDLER | Nov. 21, 2024 | — | Initial filing | Passive investment | SEC |
| Carlson Capital, L.P., Double Black Diamond Offshore Ltd., Black Diamond Offshore Ltd., Asgard Investment Corp. II, Clint D. Carlson ×7 filings | Nov. 6, 2024 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person | March 21, 2007 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Sept. 27, 2006 | — | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person | July 23, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Aug. 13, 2002 | — | Initial filing | — | SEC |
| P. H. Glatfelter Family Shareholders' Voting Trust established pursuant to agreement dated as of July 1, 1993, Voting Trustee of P. H. Glatfelter Family Shareholders' Voting Trust established pursuant to agreement dated as of July 1, 1993 | Sept. 13, 2001 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 31 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| OASC · Unified Series Trust | 0.12% | 9,125 NS | May 31, 2026 | N-PORT |
| IWC · iShares Trust | 0.09% | 115,823 SH | Aug. 21, 2026 | Daily |
| VFVA · VANGUARD WELLINGTON FUND | 0.05% | 36,974 SH | Aug. 19, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.03% | 82,478 SH | Aug. 21, 2026 | Daily |
| FNDA · SCHWAB STRATEGIC TRUST | 0.03% | 256,456 NS | May 31, 2026 | N-PORT |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.03% | 29,430 SH | Aug. 19, 2026 | Daily |
| VAW · VANGUARD WORLD FUND | 0.03% | 97,417 SH | Aug. 19, 2026 | Daily |
| IWN · iShares Trust | 0.03% | 306,052 SH | Aug. 21, 2026 | Daily |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.02% | 491,815 NS | May 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.01% | 848,777 SH | Aug. 21, 2026 | Daily |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.01% | 26,686 NS | May 31, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.01% | 194,120 SH | Aug. 19, 2026 | Daily |
| RSSL · Global X Funds | 0.01% | 14,211 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.01% | 1,523 NS | May 31, 2026 | N-PORT |
| RB · ProShares Trust | 0.01% | 9 NS | May 31, 2026 | N-PORT |
| NEAR · iShares U.S. ETF Trust | 0.01% | 362,000 SH | Aug. 21, 2026 | Daily |
| DFAT · Dimensional ETF Trust | 0.01% | 99,264 NS | April 30, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.01% | 80,398 NS | April 30, 2026 | N-PORT |
| DFSV · Dimensional ETF Trust | 0.01% | 41,101 NS | April 30, 2026 | N-PORT |
| UWM · ProShares Trust | 0.01% | 1,191 NS | May 31, 2026 | N-PORT |
| URTY · ProShares Trust | 0.00% | 1,205 NS | May 31, 2026 | N-PORT |
| FNDB · SCHWAB STRATEGIC TRUST | 0.00% | 3,288 NS | May 31, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 1,641 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 30 NS | May 31, 2026 | N-PORT |
| GTO · Invesco Actively Managed Exchange-T… | 0.00% | 47,000 | Aug. 21, 2026 | Daily |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.00% | 6,065 NS | May 31, 2026 | N-PORT |
| AVSU · AMERICAN CENTURY ETF TRUST | 0.00% | 100 NS | May 31, 2026 | N-PORT |
| DVYE · iShares, Inc. | 0.00% | 14,721,471 SH | Aug. 19, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.00% | 381,684 SH | Aug. 19, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 1,144,017 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 2,757 SH | Aug. 19, 2026 | Daily |