great lakes dredge & dock (gldd) is the largest provider of dredging services in the united states and the only u.s. company with significant international dredging operations. gldd employs more than 1,000 dedicated engineering, operations, and support personnel. gldd has a rich 127-year history of developing and executing successful dredging and marine construction projects, operating the largest and most diverse dredging fleet in the u.s. comprised of over 200 specialized vessels. gldd has expanded its reach in the environmental remediation and infrastructure sector through its new segment great lakes environmental & infrastructure, becoming a preeminent infrastructure solutions provider on water and land.
![Great Lakes Dredge & Dock logo](/files/LOGO/1372020-GLDD.png)
Company profile
Ticker
GLDD
Exchange
Website
CEO
Lasse Petterson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Great Lakes Dredge & Dock Holdings Corp.
SEC CIK
Corporate docs
Subsidiaries
Great Lakes Dredge & Dock Company, LLC • Great Lakes U.S. Fleet Management, LLC • Great Lakes Environmental & Infrastructure Solutions, LLC • Great Lakes Dredge & Dock do Brasil Ltda. • Great Lakes Dredge & Dock (Bahamas) Ltd. • Great Lakes Dredge & Dock (UK) Limited • NASDI Holdings, LLC • Terra Contracting Services, LLC • Terra Fluid Management, LLC • Drews Services LLC ...
IRS number
205336063
GLDD stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
14 May 24
8-K
Submission of Matters to a Vote of Security Holders
13 May 24
10-Q
2024 Q1
Quarterly report
7 May 24
8-K
Great Lakes Reports First Quarter 2024 Results
7 May 24
8-K
Entry into a Material Definitive Agreement
25 Apr 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
DEF 14A
Definitive proxy
27 Mar 24
PRE 14A
Preliminary proxy
14 Mar 24
ARS
2023 FY
Annual report to shareholders
28 Feb 24
10-K
2023 FY
Annual report
16 Feb 24
Transcripts
GLDD
Earnings call transcript
2024 Q1
7 May 24
GLDD
Earnings call transcript
2023 Q4
14 Feb 24
GLDD
Earnings call transcript
2023 Q3
7 Nov 23
GLDD
Earnings call transcript
2023 Q2
1 Aug 23
GLDD
Earnings call transcript
2023 Q2
1 Aug 23
GLDD
Earnings call transcript
2023 Q1
2 May 23
GLDD
Earnings call transcript
2022 Q4
15 Feb 23
GLDD
Earnings call transcript
2022 Q3
1 Nov 22
GLDD
Earnings call transcript
2022 Q2
3 Aug 22
GLDD
Earnings call transcript
2022 Q1
3 May 22
Latest ownership filings
4
Lasse Petterson
17 Jul 24
4
Kathleen M Shanahan
1 Jul 24
4
Ronald Steger
1 Jul 24
4
D MICHAEL STEUERT
1 Jul 24
4
Earl L Shipp
1 Jul 24
4
LAWRENCE R DICKERSON
1 Jul 24
144
Notice of proposed sale of securities
31 May 24
144
Notice of proposed sale of securities
30 May 24
144
Notice of proposed sale of securities
29 May 24
144
Notice of proposed sale of securities
24 May 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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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) | 23.72 mm | 23.72 mm | 23.72 mm | 23.72 mm | 23.72 mm | 23.72 mm |
Cash burn (monthly) | 13.00 k | 733.08 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 50.26 k | 2.83 mm | n/a | n/a | n/a | n/a |
Cash remaining | 23.67 mm | 20.89 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1820.9 | 28.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
19.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 46 |
Opened positions | 13 |
Closed positions | 65 |
Increased positions | 7 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 88.82 bn |
Total shares | 12.94 mm |
Total puts | 17.70 k |
Total calls | 78.70 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Jennison Associates | 4.36 mm | $38.15 bn |
Franklin Mutual Advisers | 2.51 mm | $0.00 |
William Blair Investment Management | 2.45 mm | $21.39 bn |
Private Management | 1.22 mm | $10.66 bn |
Oppenheimer & Close | 394.60 k | $3.45 bn |
Essex Investment Management | 302.55 k | $2.65 bn |
BK Bank Of New York Mellon | 233.91 k | $2.05 bn |
Wittenberg Investment Management | 200.32 k | $1.75 bn |
Gsa Capital Partners | 194.42 k | $1.70 mm |
Susquehanna International | 166.22 k | $1.45 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Jul 24 | Lasse Petterson | Common Stock | Payment of exercise | Dispose F | No | No | 8.9 | 25,000 | 222.50 k | 1,152,392.29 |
15 Jul 24 | Lasse Petterson | Common Stock | Payment of exercise | Dispose F | No | No | 8.9 | 75,000 | 667.50 k | 1,177,392.29 |
28 Jun 24 | Dickerson Lawrence R | Common Stock | Grant | Acquire A | No | No | 0 | 5,232 | 0.00 | 99,044 |
28 Jun 24 | Earl L Shipp | Common Stock | Grant | Acquire A | No | No | 0 | 2,278 | 0.00 | 30,390 |
28 Jun 24 | Steuert D Michael | Common Stock | Grant | Acquire A | No | No | 0 | 2,337 | 0.00 | 82,779 |
28 Jun 24 | Steger Ronald | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 2,692 | 0.00 | 29,254 |
News
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