Glatfelter is a leading global supplier of engineered materials. Its ongoing portfolio transformation is creating a more stable, growth-oriented business, coupled with a leaner cost structure and a new operating model.
Headquartered in Charlotte, North Carolina, Glatfelter’s annual revenues are approximately $928 million. Our 2,500 employees serve customers in more than 100 countries.

Company profile
Ticker
GLT
Exchange
Website
CEO
Dante Parrini
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
International Paper • Resolute Forest Products • Domtar • Sylvamo • Billerud Americas • Mativ • Neenah • Potlatch Corp (old) • Fibria Celulose • Suzano ...
Former names
GLATFELTER P H CO
SEC CIK
Corporate docs
Subsidiaries
Glatfelter Advanced Materials N.A., LLC • Glatfelter Caerphilly, Ltd. • Glatfelter Costa Rica, S.r.l. • Glatfelter Composite Fibers NA, Inc. • Glatfelter Dresden GmbH • Glatfelter Falkenhagen GmbH • Glatfelter Gernsbach GmbH • Glatfelter Holdings, LLC • Glatfelter Ireland Limited • Glatfelter Italia SRL ...
IRS number
230628360
GLT stock data
Press releases
Glatfelter Reports Second Quarter 2022 Results
2 Aug 22
Glatfelter Corporation to Report Earnings on August 2nd
21 Jul 22
Glatfelter, Blue Ocean Closures, and ALPLA take Innovation and Sustainability to the Next Level
30 Jun 22
Glatfelter Corporation to present at the Sidoti & Company Summer Small Cap Virtual Conference on June 16th
10 Jun 22
Make a Change – Reimagining Resources to End Period Poverty
31 May 22
Calendar
2 Aug 22
20 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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) | 71.48M | 71.48M | 71.48M | 71.48M | 71.48M | |
Cash burn (monthly) | (no burn) | (no burn) | 10.05M | (no burn) | (no burn) | |
Cash used (since last report) | n/a | n/a | 16.96M | n/a | n/a | |
Cash remaining | n/a | n/a | 54.52M | n/a | n/a | |
Runway (months of cash) | n/a | n/a | 5.4 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Aug 22 | Christopher W. Astley | Common Stock, Par Value $.01 | Payment of exercise | Dispose F | No | No | 6.34 | 9,010 | 57.12K | 44,492 |
1 Aug 22 | Christopher W. Astley | Common Stock, Par Value $.01 | Option exercise | Acquire M | No | No | 6.34 | 30,602 | 194.02K | 53,502 |
1 Aug 22 | Christopher W. Astley | RSU Common Stock, Par Value $.01 | Option exercise | Dispose M | No | No | 0 | 30,602 | 0 | 0 |
1 Aug 22 | Christopher W. Astley | RSU Common Stock, Par Value $.01 | Grant | Acquire A | No | No | 0 | 3,417 | 0 | 30,602 |
23 May 22 | David C Elder | Common Stock, Par Value $.01 | Buy | Acquire P | No | No | 8.1 | 2,000 | 16.2K | 73,166 |
20 May 22 | David C Elder | Common Stock, Par Value $.01 | Buy | Acquire P | No | No | 7.84 | 3,000 | 23.52K | 71,166 |
20 May 22 | Parrini Dante C | Common Stock, Par Value $.01 | Buy | Acquire P | No | No | 7.75 | 3,200 | 24.8K | 454,256 |
19 May 22 | Ramesh Shettigar | Common Stock, Par Value $.01 | Buy | Acquire P | No | No | 7.853 | 10,000 | 78.53K | 18,525 |
19 May 22 | Parrini Dante C | Common Stock, Par Value $.01 | Buy | Acquire P | No | No | 7.66 | 10,000 | 76.6K | 451,056 |
12 May 22 | Hall J Robert | RSU Common Stock, Par Value $.01 | Grant | Acquire A | No | No | 0 | 14,575 | 0 | 14,575 |
Institutional ownership, Q2 2022
2.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 147 |
Opened positions | 19 |
Closed positions | 25 |
Increased positions | 56 |
Reduced positions | 47 |
13F shares | Current |
---|---|
Total value | 279.67M |
Total shares | 40.61M |
Total puts | 28K |
Total calls | 11K |
Total put/call ratio | 2.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.39M | $50.85M |
Vanguard | 3.86M | $26.55M |
Segall Bryant & Hamill | 3.43M | $23.63M |
Dimensional Fund Advisors | 3.21M | $22.07M |
Carlson Capital L P | 2.93M | $20.13M |
Fuller & Thaler Asset Management | 1.81M | $12.49M |
STT State Street | 1.58M | $11.05M |
AMP Ameriprise Financial | 1.17M | $8.04M |
Royce & Associates | 970.52K | $6.68M |
Systematic Financial Management | 956.67K | $6.58M |
Financial report summary
?Risks
- Our business and financial performance may be adversely affected by a weak global economic environment or downturns in the target markets that we serve.
- The cost of raw materials and energy used to manufacture our products could increase or the availability of certain raw materials could become constrained.
- Foreign currency exchange rate fluctuations could adversely affect our results of operations.
- Our industry is highly competitive and increased competition could reduce our sales and profitability.
- We may not be able to develop new products acceptable to our existing or potential customers.
- We are subject to substantial costs and potential liability for environmental matters.
- We generate a substantial portion of Airlaid Materials' and Spunlace's net sales from one customer serving the hygiene products market, the loss of which could have a material adverse effect on our results of operations.
- Our operations may be impaired, and we may be exposed to potential losses and liability as a result of natural disasters, acts of terrorism or sabotage or similar events.
- We have operations in a potentially politically and economically unstable location.
- Our international operations pose certain risks that may adversely impact sales and earnings.
- We are subject to cyber-security risks related to unauthorized or malicious access to sensitive customer, vendor, company, or employee information, as well as to the technology that supports our operations and other business processes.
- We operate in and are subject to taxation from numerous U.S. and foreign jurisdictions.
- In the event any of the above risk factors impact our business in a material way or in combination during the same period, we may be unable to generate enough cash flow to simultaneously fund our operations, finance capital expenditures, satisfy obligations and make dividend payments on our common stock.
- We have substantial indebtedness and may incur substantial additional indebtedness, which could adversely affect our financial health and our ability to obtain financing in the future, react to changes in our business and make payments on the notes.
Management Discussion
- ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- i.risks related to the military conflict between Russia and Ukraine and its impact on our production, sales, supply chain, cost of energy, and availability of energy due to potential natural gas supply issues into Europe from the Nord Stream 1 pipeline;
- ii.risks associated with the impact of the COVID-19 pandemic, including global and regional economic conditions, changes in demand for our products, interruptions in our global supply chain, ability to continue production by our facilities, credit conditions of our customers or suppliers, or potential legal actions that could arise due to our operations during the pandemic;
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
advisory, appeal, approach, consideration, exceeded, fell, filter, frequently, inability, Nord, pipeline, preacquistion, prohibition, qualitative, quickly, rapid, recoverability, recoverable, short, Stream, successful, successor, sufficiently, weakening
Removed:
elevated, Moody, Rating, recently, Standard, subsequent, type
Financial reports
Current reports
8-K
Glatfelter Reports Second Quarter 2022 Results
2 Aug 22
8-K
Entry into a Material Definitive Agreement
10 May 22
8-K
Departure of Directors or Certain Officers
6 May 22
8-K
Glatfelter Reports First Quarter 2022 Results
3 May 22
8-K
Glatfelter Announces Chief Financial Officer Transition
4 Apr 22
8-K
Glatfelter Reports Fourth Quarter and Full Year 2021 Results
10 Feb 22
8-K/A
Financial Statements and Exhibits
14 Jan 22
8-K
Glatfelter Reports Third Quarter 2021 Results
2 Nov 21
8-K
Acquisition Adds Scale, Diversifies Portfolio and Strengthens Glatfelter’s Position as a Leading Global Engineered Materials Company
29 Oct 21
8-K
Entry into a Material Definitive Agreement
25 Oct 21
Registration and prospectus
S-8
Registration of securities for employees
11 May 22
S-3
Shelf registration
4 Jun 21
15-15D
Suspension of duty to report
23 Dec 20
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Dec 20
S-8
Registration of securities for employees
10 May 17
S-8
Registration of securities for employees
28 May 13
424B3
Prospectus supplement
28 Nov 12
S-4
Registration of securities issued in business combination transactions
15 Nov 12
424B3
Prospectus supplement
2 Aug 10
S-4/A
Registration of securities issued in business combination transactions (amended)
27 Jul 10
Other
EFFECT
Notice of effectiveness
14 Jun 21
CORRESP
Correspondence with SEC
8 Jun 21
UPLOAD
Letter from SEC
7 Jun 21
CT ORDER
Confidential treatment order
6 Apr 17
CT ORDER
Confidential treatment order
20 Apr 15
UPLOAD
Letter from SEC
27 Jan 14
CORRESP
Correspondence with SEC
16 Jan 14
UPLOAD
Letter from SEC
30 Dec 13
EFFECT
Notice of effectiveness
28 Nov 12
EFFECT
Notice of effectiveness
29 Jul 10
Ownership
SC 13G
Glatfelter / SEGALL BRYANT & HAMILL ownership change
4 Aug 22
4
Glatfelter / Christopher W. Astley ownership change
3 Aug 22
11-K
Annual report of employee stock purchases
21 Jun 22
4
Glatfelter / DAVID C ELDER ownership change
24 May 22
4
Glatfelter / DANTE C PARRINI ownership change
23 May 22
4
Glatfelter / Ramesh Shettigar ownership change
19 May 22
4
Glatfelter / DAVID C ELDER ownership change
13 May 22
4
Glatfelter / Ramesh Shettigar ownership change
13 May 22
4
Glatfelter / Bruce Brown ownership change
13 May 22
4
Glatfelter / Marie T. Gallagher ownership change
13 May 22
Patents
Utility
Dye-capturing Non-woven Fabric and Method for Producing the Same
4 Aug 22
The present invention relates to a method for producing a dye-capturing non-woven fabric, the method comprising the steps of providing a non-woven substrate and applying a composition to the non-woven substrate, the composition having binding and dye-capturing functionalities.
Utility
Man-made cellulosic fiber and nonwoven product or fabric comprising the cellulosic fiber
26 Apr 22
The present invention relates to a modified cellulosic fiber that comprises anionic moieties in an amount of more than 0.25 mol/kg of dry fiber and has applied thereon a polymeric modifying agent in an amount of from 0.5 wt. % to 5.0 wt. %, based on dry fiber, the polymeric modifying agent comprising cationic moieties with a charge of at least 1.5 meq per gram of polymer and the molar ratio of anionic moieties to cationic moieties contained in the fiber is in the range of from 1:1 to 25:1.
Utility
Nonwoven cleaning substrate
8 Mar 22
The presently disclosed subject matter relates to nonwoven materials and their use in cleaning articles.
Utility
Dispersible non-woven fabric and method for producing the same
4 Jan 22
The present invention relates to a dispersible non-woven fabric, a method for producing a dispersible non-woven fabric and a wipe or tissue.
Utility
Pulp-containing Biodegradable Non-woven Fabric and Method for Producing the Same
4 Nov 21
The present invention relates to a biodegradable non-woven fabric, a method for producing a biodegradable non-woven fabric and a wipe or tissue.
Transcripts
2022 Q2
Earnings call transcript
2 Aug 22
2022 Q1
Earnings call transcript
3 May 22
2021 Q4
Earnings call transcript
10 Feb 22
2021 Q3
Earnings call transcript
2 Nov 21
2021 Q2
Earnings call transcript
8 Aug 21
2021 Q1
Earnings call transcript
8 May 21
2020 Q4
Earnings call transcript
5 Feb 21
2020 Q3
Earnings call transcript
9 Nov 20
2020 Q2
Earnings call transcript
9 Aug 20
2020 Q1
Earnings call transcript
9 May 20
Reddit threads
Daily Discussion Thread - August 2nd, 2022
2 Aug 22
Daily Discussion Thread - August 1st, 2022
1 Aug 22
Daily Discussion Thread - June 30th, 2022
30 Jun 22
Daily Discussion Thread - June 29th, 2022
29 Jun 22
Daily Discussion Thread - June 28th, 2022
28 Jun 22
Daily Discussion Thread - June 27th, 2022
27 Jun 22
The real reason the market is down today
6 May 22
Daily Discussion Thread - May 3rd, 2022
3 May 22
Daily Discussion Thread - May 2nd, 2022
2 May 22
Daily Discussion Thread - March 31st, 2022
31 Mar 22