berry plastics (nyse: bery) is a leading global manufacturer of plastic packaging products and protection materials serving multiple markets including food, beverage, personal care, household chemical, healthcare and industrial. berry plastics serves more than 15,000 customers, including some of the world’s largest cpg manufacturers and strategically expanding internationally to serve the needs of the rapidly growing global markets. with a history of acquisitions, berry plastics has grown to account for 119 global manufacturing locations in 17 countries and employs over 21,000 individuals.
Company profile
Ticker
BERY
Exchange
Website
CEO
Thomas Salmon
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
BERRY GLOBAL GROUP INC, BERRY PLASTICS GROUP INC
SEC CIK
Corporate docs
Subsidiaries
159422 Canada Inc. • Ace Classic Medical Components (Shanghai) Company Limited • Ace Corporation Holdings Limited • Ace Industrial Technologies Limited • Ace Medical Components Co Limited • Ace Mold (HeFei) Company Limited • Ace Mold (Shanghai) Company Limited • Ace Mold (Zhuhai) Company Limited • Ace Mold Company Limited • Ace Mold Industrial (Shanghai) Company Limited ...
BERY stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Berry Global Announces Review of Strategic Alternatives for its
8 Sep 23
8-K
Departure of Directors or Certain Officers
17 Aug 23
8-K
Berry Global Appoints Kevin Kwilinski as Chief Executive Officer
15 Aug 23
10-Q
2023 Q3
Quarterly report
9 Aug 23
8-K
Berry Announces Third Quarter 2023 Results
9 Aug 23
SD
Conflict minerals disclosure
24 May 23
10-Q
2023 Q2
Quarterly report
4 May 23
8-K
Berry Announces Second Quarter 2023 Results
4 May 23
8-K
Entry into a Material Definitive Agreement
30 Mar 23
8-K
Berry Global Announces Pricing of Offering of First Priority Senior Secured Notes
28 Mar 23
Transcripts
BERY
Earnings call transcript
2023 Q3
9 Aug 23
BERY
Earnings call transcript
2023 Q2
4 May 23
BERY
Earnings call transcript
2023 Q1
2 Feb 23
BERY
Earnings call transcript
2022 Q4
15 Nov 22
BERY
Earnings call transcript
2022 Q3
3 Aug 22
BERY
Earnings call transcript
2022 Q2
5 May 22
BERY
Earnings call transcript
2022 Q1
3 Feb 22
BERY
Earnings call transcript
2021 Q4
18 Nov 21
BERY
Earnings call transcript
2021 Q3
8 Aug 21
BERY
Earnings call transcript
2021 Q2
5 May 21
Latest ownership filings
4
Mark W Miles
17 Aug 23
144
Notice of proposed sale of securities
15 Aug 23
4
William J Norman
14 Aug 23
144
Notice of proposed sale of securities
11 Aug 23
144
Notice of proposed sale of securities
10 Aug 23
4
Jason K. Greene
26 Jul 23
144
Notice of proposed sale of securities
25 Jul 23
4
Michael Edward Hill
19 Jul 23
4
Michael Edward Hill
13 Jul 23
144
Notice of proposed sale of securities
12 Jul 23
Financial summary
| Quarter (USD) | Jul 23 | Apr 23 | Dec 22 | Oct 22 | |
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| Revenue | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Oct 22 | Oct 21 | Sep 20 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| 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) | 633.00 mm | 633.00 mm | 633.00 mm | 633.00 mm | 633.00 mm | 633.00 mm |
| Cash burn (monthly) | 21.00 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 58.11 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 574.89 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 27.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
97.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 374 |
| Opened positions | 56 |
| Closed positions | 64 |
| Increased positions | 121 |
| Reduced positions | 139 |
| 13F shares | Current |
|---|---|
| Total value | 7.32 tn |
| Total shares | 114.85 mm |
| Total puts | 196.30 k |
| Total calls | 284.62 k |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| EdgePoint Investment | 12.77 mm | $821.79 bn |
| Vanguard | 11.84 mm | $761.86 bn |
| BLK Blackrock | 10.38 mm | $668.15 bn |
| Turtle Creek Asset Management | 4.87 mm | $313.19 bn |
| Fuller & Thaler Asset Management | 4.51 mm | $289.97 bn |
| LSV Asset Management | 4.29 mm | $275.95 bn |
| Massachusetts Financial Services | 3.46 mm | $222.75 bn |
| STT State Street | 3.42 mm | $220.27 bn |
| Canyon Capital Advisors | 2.76 mm | $177.27 bn |
| Dimensional Fund Advisors | 2.14 mm | $137.83 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Aug 23 | Miles Mark W | Common Stock | Sell | Dispose S | No | No | 65.76 | 30,954 | 2.04 mm | 84,502 |
| 15 Aug 23 | Miles Mark W | Common Stock | Option exercise | Acquire M | No | No | 21 | 50,000 | 1.05 mm | 115,456 |
| 15 Aug 23 | Miles Mark W | Employee Stock Option Common Stock | Option exercise | Acquire M | No | No | 21 | 50,000 | 1.05 mm | 816,672 |
| 11 Aug 23 | William J Norman | Common Stock | Sell | Dispose S | No | No | 66.48 | 9,000 | 598.32 k | 0 |
| 11 Aug 23 | William J Norman | Common Stock | Option exercise | Acquire M | No | No | 28.75 | 9,000 | 258.75 k | 9,000 |
| 11 Aug 23 | William J Norman | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 28.75 | 9,000 | 258.75 k | 266,020 |
| 10 Aug 23 | William J Norman | Common Stock | Sell | Dispose S | No | No | 66.11 | 30,000 | 1.98 mm | 0 |
| 10 Aug 23 | William J Norman | Common Stock | Option exercise | Acquire M | No | No | 28.75 | 30,000 | 862.50 k | 30,000 |
| 10 Aug 23 | William J Norman | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 28.75 | 30,000 | 862.50 k | 275,020 |
| 25 Jul 23 | Jason K. Greene | Common Stock | Sell | Dispose S | No | Yes | 68.01 | 520 | 35.37 k | 250 |
News
Berry Global Partners With ACCIONA Energía To Power Its Mexico Operations With 100% Renewable Electricity
20 Sep 23
Berry Global Explores Options For HH&S Unit Struggling With Weaker Demand, Unfavorable Price-Cost Spread
8 Sep 23
Citigroup Maintains Buy on Berry Global Gr, Raises Price Target to $80
14 Aug 23
Analyst Ratings for Berry Global Gr
10 Aug 23
Wells Fargo Maintains Overweight Rating for Berry Global Gr: Here's What You Need To Know
10 Aug 23
Press releases
Berry Global Partners with ACCIONA Energía to Power its Mexico Operations with 100% Renewable Electricity
20 Sep 23
Berry Upgraded to "A" Rating from MSCI for Effective ESG Management
12 Sep 23
Berry Global Announces Review of Strategic Alternatives for its Health, Hygiene and Specialties Segment
8 Sep 23
Berry Global Appoints Kevin Kwilinski as Chief Executive Officer
15 Aug 23
Berry Declares Quarterly Dividend
2 Aug 23