Pactiv Evergreen is one of the largest manufacturers of fresh food & beverage packaging in North America.
Company profile
Ticker
PTVE
Exchange
Website
CEO
Michael King
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Reynolds Group Holdings Ltd
SEC CIK
Corporate docs
Subsidiaries
Blue Ridge Paper Products LLC • Coast-Packaging Company • Evergreen Packaging LLC • Evergreen Packaging Canada Limited Canada • Evergreen Packaging International LLC • Fabri-Kal LLC • Pactiv LLC • Pactiv Canada Inc. Canada • Pactiv Europe Services LLC • Pactiv Evergreen Group Holdings Inc. ...
PTVE stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
19 Apr 24
DEFA14A
Additional proxy soliciting materials
19 Apr 24
DEF 14A
Definitive proxy
19 Apr 24
PRE 14A
Preliminary proxy
4 Apr 24
S-8
Registration of securities for employees
29 Feb 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Pactiv Evergreen Reports Fourth Quarter 2023 Financial Results
29 Feb 24
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Pactiv Evergreen Reports Third Quarter 2023 Financial Results
1 Nov 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
Transcripts
PTVE
Earnings call transcript
2023 Q3
2 Nov 23
PTVE
Earnings call transcript
2023 Q2
3 Aug 23
PTVE
Earnings call transcript
2023 Q1
14 May 23
PTVE
Earnings call transcript
2023 Q1
9 May 23
PTVE
Earnings call transcript
2022 Q4
7 Mar 23
PTVE
Earnings call transcript
2022 Q3
12 Nov 22
PTVE
Earnings call transcript
2022 Q2
6 Aug 22
PTVE
Earnings call transcript
2022 Q1
7 May 22
PTVE
Earnings call transcript
2021 Q4
27 Feb 22
PTVE
Earnings call transcript
2021 Q4
24 Feb 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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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) | 257.00 mm | 257.00 mm | 257.00 mm | 257.00 mm | 257.00 mm | 257.00 mm |
Cash burn (monthly) | 15.00 mm | 27.17 mm | (no burn) | 8.92 mm | (no burn) | (no burn) |
Cash used (since last report) | 100.19 mm | 181.46 mm | n/a | 59.56 mm | n/a | n/a |
Cash remaining | 156.81 mm | 75.54 mm | n/a | 197.44 mm | n/a | n/a |
Runway (months of cash) | 10.5 | 2.8 | n/a | 22.1 | n/a | n/a |
Institutional ownership, Q2 2023
99.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 124 |
Opened positions | 20 |
Closed positions | 31 |
Increased positions | 46 |
Reduced positions | 37 |
13F shares | Current |
---|---|
Total value | 298.96 bn |
Total shares | 177.64 mm |
Total puts | 1.30 k |
Total calls | 1.20 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Packaging Finance | 137.98 mm | $1.41 bn |
American Century Companies | 5.36 mm | $40.54 bn |
Rubric Capital Management | 4.82 mm | $36.46 bn |
Vanguard | 3.60 mm | $27.26 bn |
MS Morgan Stanley | 3.51 mm | $26.58 bn |
Frontier Capital Management | 3.22 mm | $24.34 bn |
BLK Blackrock | 2.99 mm | $22.61 bn |
EVR Research | 1.60 mm | $12.11 bn |
Dimensional Fund Advisors | 1.14 mm | $8.66 bn |
Bridgeway Capital Management | 1.06 mm | $8.05 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Michael Jack King | Common Stock | Payment of exercise | Dispose F | No | No | 13.23 | 27,371 | 362.12 k | 977,374 |
6 Mar 24 | Tim A. Levenda | Common Stock | Grant | Acquire A | No | No | 0 | 52,356 | 0.00 | 264,714 |
6 Mar 24 | Michael Jack King | Common Stock | Grant | Acquire A | No | No | 0 | 260,279 | 0.00 | 1,004,745 |
6 Mar 24 | Jonathan Baksht | Common Stock | Grant | Acquire A | No | No | 0 | 74,519 | 0.00 | 254,581 |
6 Mar 24 | Douglas Owenby | Common Stock | Grant | Acquire A | No | No | 0 | 38,077 | 0.00 | 183,337 |
News
Where Pactiv Evergreen Stands With Analysts
4 Apr 24
Citigroup Maintains Buy on Pactiv Evergreen, Raises Price Target to $17
4 Apr 24
Expert Outlook: Pactiv Evergreen Through The Eyes Of 9 Analysts
4 Mar 24
RBC Capital Reiterates Outperform on Pactiv Evergreen, Maintains $18 Price Target
4 Mar 24
These Analysts Revise Their Forecasts On Pactiv Evergreen After Q4 Results
4 Mar 24