company overview headquartered in york, pennsylvania, glatfelter is a global manufacturer of specialty papers and engineered products, offering over a century of experience, technical expertise and world-class service. u.s. operations include facilities in spring grove, pennsylvania, and chillicothe and freemont, ohio. international operations include facilities in germany, france, uk, canada, the philippines and representative offices in china and russia. the company was started by philip h. glatfelter in 1864 and has grown dramatically throughout the years. currently, glatfelter’s sales exceed $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 over 4,400 people worldwide. paralleling the commitment to quality products is glatfelter’s dedication to environmental responsibility and sustainability. environmental responsibility is a core value and a key element of glatfelter’s sustain
Company profile
Ticker
GLT
Exchange
Website
CEO
Dante Parrini
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
International Paper • Resolute Forest Products • Domtar • Sylvamo • Billerud Americas • Mativ • Neenah • Suzano ...
Former names
GLATFELTER P H CO
SEC CIK
Corporate docs
Subsidiaries
Glatfelter Advanced Materials N.A., LLC • Glatfelter Caerphilly, Ltd. • Glatfelter Composite Fibers NA, Inc. • Glatfelter Dresden GmbH • Glatfelter Falkenhagen GmbH • Glatfelter Gernsbach GmbH • Glatfelter Holdings, LLC • Glatfelter Italia SRL • Glatfelter Lydney, Ltd. • Glatfelter Malta Limited ...
IRS number
230628360
GLT stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Glatfelter Reports First Quarter 2024 Results
9 May 24
425
Business combination disclosure
17 Apr 24
425
Business combination disclosure
11 Apr 24
425
Business combination disclosure
11 Apr 24
425
Business combination disclosure
11 Apr 24
8-K
Departure of Directors or Certain Officers
11 Apr 24
DEF 14A
Definitive proxy
26 Mar 24
ARS
2023 FY
Annual report to shareholders
26 Mar 24
425
Business combination disclosure
8 Mar 24
Transcripts
GLT
Earnings call transcript
2024 Q1
9 May 24
GLT
Earnings call transcript
2023 Q4
22 Feb 24
GLT
Earnings call transcript
2023 Q3
2 Nov 23
GLT
Earnings call transcript
2023 Q2
3 Aug 23
GLT
Earnings call transcript
2023 Q2
3 Aug 23
GLT
Earnings call transcript
2023 Q1
4 May 23
GLT
Earnings call transcript
2022 Q4
21 Feb 23
GLT
Earnings call transcript
2022 Q3
3 Nov 22
GLT
Earnings call transcript
2022 Q2
2 Aug 22
GLT
Earnings call transcript
2022 Q1
3 May 22
Latest ownership filings
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 | |||||
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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) | 52.74 mm | 52.74 mm | 52.74 mm | 52.74 mm | 52.74 mm | 52.74 mm |
Cash burn (monthly) | 374.33 k | 3.55 mm | 5.45 mm | 7.66 mm | 3.34 mm | 3.29 mm |
Cash used (since last report) | 2.76 mm | 26.15 mm | 40.16 mm | 56.42 mm | 24.62 mm | 24.26 mm |
Cash remaining | 49.98 mm | 26.59 mm | 12.58 mm | -3.67 mm | 28.12 mm | 28.48 mm |
Runway (months of cash) | 133.5 | 7.5 | 2.3 | -0.5 | 8.4 | 8.7 |
Institutional ownership, Q4 2023
2.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 6 |
Opened positions | 0 |
Closed positions | 87 |
Increased positions | 1 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 1.77 bn |
Total shares | 961.45 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Assenagon Asset Management | 475.68 k | $922.81 mm |
Foundation Resource Management | 438.04 k | $849.79 mm |
SG Americas Securities | 46.91 k | $91.00 k |
Versant Capital Management | 546.00 | $1.06 mm |
Winch Advisory Services | 143.00 | $277.00 k |
Gradient Investments | 137.00 | $266.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 May 24 | Brown Bruce | Common Stock, Par Value $.01 | Option exercise | Acquire M | No | No | 1.7 | 23,000 | 39.10 k | 85,865 |
8 May 24 | Brown Bruce | RSU Common Stock, Par Value $.01 | Option exercise | Dispose M | No | No | 0 | 23,000 | 0.00 | 0 |
8 May 24 | Dahlberg Kathleen | Common Stock, Par Value $.01 | Option exercise | Acquire M | No | No | 1.7 | 23,000 | 39.10 k | 128,719 |
8 May 24 | Dahlberg Kathleen | RSU Common Stock, Par Value $.01 | Option exercise | Dispose M | No | No | 0 | 23,000 | 0.00 | 0 |
8 May 24 | Kevin Michael Fogarty | Common Stock, Par Value $.01 | Option exercise | Acquire M | No | No | 1.7 | 23,000 | 39.10 k | 96,021 |
8 May 24 | Kevin Michael Fogarty | RSU Common Stock, Par Value $.01 | Option exercise | Dispose M | No | No | 0 | 23,000 | 0.00 | 0 |
8 May 24 | Marie T. Gallagher | Common Stock, Par Value $.01 | Option exercise | Acquire M | No | No | 1.7 | 23,000 | 39.10 k | 55,528 |
8 May 24 | Marie T. Gallagher | RSU Common Stock, Par Value $.01 | Option exercise | Dispose M | No | No | 0 | 23,000 | 0.00 | 0 |
8 May 24 | Darrel H. Hackett | Common Stock, Par Value $.01 | Option exercise | Acquire M | No | No | 1.7 | 23,000 | 39.10 k | 74,598 |
8 May 24 | Darrel H. Hackett | RSU Common Stock, Par Value $.01 | Option exercise | Dispose M | No | No | 0 | 23,000 | 0.00 | 0 |
News
Glatfelter Q1 Adj $(0.33) Down From $(0.13) YoY, Sales $327.26M Down From $378.21M YoY
9 May 24
Berry Global And Glatfelter Reach Key Regulatory Step In Spin-Off And Merger Deal Involving Berry's Nonwovens And Films Business
17 Apr 24
Glatfelter Reveals Key Leadership Appointments In Connection With Proposed Merger
11 Apr 24
Glatfelter Q4 EPS $(0.04) Up From $(0.16) YoY, Sales $320.38M Down From $373.90M YoY
22 Feb 24
Earnings Scheduled For February 22, 2024
22 Feb 24
Press releases
Glatfelter Reports First Quarter 2024 Results
9 May 24
Berry and Glatfelter Announce Regulatory Milestone in Proposed Transaction for Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
17 Apr 24
Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry's Health, Hygiene, and Specialties Global Nonwovens and Films Business
11 Apr 24
Glatfelter Corporation to Report Earnings on May 9th
4 Apr 24
Armstrong World Industries Names Dawn Kirchner-King as SVP, Chief Human Resources Officer
4 Apr 24