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)
S-8
Registration of securities for employees
31 Jul 24
10-Q
2024 Q2
Quarterly report
31 Jul 24
8-K
Pactiv Evergreen Reports Second Quarter 2024 Financial Results
31 Jul 24
8-K
Pactiv Evergreen Inc. Announces Definitive Agreement to Sell Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano SA
12 Jul 24
8-K
Departure of Directors or Certain Officers
7 Jun 24
SD
Conflict minerals disclosure
31 May 24
8-K
Entry into a Material Definitive Agreement
29 May 24
EFFECT
Notice of effectiveness
16 May 24
S-3
Shelf registration
2 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
Transcripts
PTVE
Earnings call transcript
2024 Q2
1 Aug 24
PTVE
Earnings call transcript
2024 Q1
3 May 24
PTVE
Earnings call transcript
2023 Q4
1 Mar 24
PTVE
Earnings call transcript
2023 Q3
2 Nov 23
PTVE
Earnings call transcript
2023 Q2
3 Aug 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
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
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) | 95.00 mm | 95.00 mm | 95.00 mm | 95.00 mm | 95.00 mm | 95.00 mm |
Cash burn (monthly) | (no burn) | 19.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 82.22 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 12.78 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 0.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
99.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 146 |
Opened positions | 22 |
Closed positions | 22 |
Increased positions | 56 |
Reduced positions | 49 |
13F shares | Current |
---|---|
Total value | 406.69 bn |
Total shares | 177.80 mm |
Total puts | 9.90 k |
Total calls | 38.90 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Packaging Finance | 137.98 mm | $1.41 bn |
Rubric Capital Management | 5.73 mm | $64.82 bn |
American Century Companies | 3.91 mm | $44.28 bn |
Vanguard | 3.89 mm | $44.05 bn |
BLK BlackRock | 3.06 mm | $34.63 bn |
Frontier Capital Management | 3.04 mm | $34.42 bn |
T. Rowe Price Investment Management | 2.69 mm | $30.48 mm |
Dimensional Fund Advisors | 2.38 mm | $26.89 bn |
Bridgeway Capital Management | 1.34 mm | $15.21 bn |
Geode Capital Management | 1.08 mm | $12.21 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Jun 24 | Chandra J Mitchell | Common Stock | Payment of exercise | Dispose F | No | No | 11.63 | 18,104 | 210.55 k | 176,913 |
6 Jun 24 | Baker Leighanne G | Common Stock | Grant | Acquire A | No | No | 0 | 16,331 | 0.00 | 100,158 |
6 Jun 24 | Linda K Massman | Common Stock | Grant | Acquire A | No | No | 0 | 10,887 | 0.00 | 13,449 |
6 Jun 24 | Rolf Stangl | Common Stock | Grant | Acquire A | No | No | 0 | 10,887 | 0.00 | 91,605 |
6 Jun 24 | Felicia D Thornton | Common Stock | Grant | Acquire A | No | No | 0 | 10,887 | 0.00 | 59,905 |
4 Jun 24 | Baker Leighanne G | Common Stock | Grant | Acquire A | No | No | 0 | 999 | 0.00 | 83,827 |
4 Jun 24 | Linda K Massman | Common Stock | Grant | Acquire A | No | No | 0 | 18 | 0.00 | 2,562 |
4 Jun 24 | Rolf Stangl | Common Stock | Grant | Acquire A | No | No | 0 | 667 | 0.00 | 80,718 |
4 Jun 24 | Felicia D Thornton | Common Stock | Grant | Acquire A | No | No | 0 | 667 | 0.00 | 49,018 |
Press releases
Pactiv Evergreen Inc. Schedules Third Quarter 2024 Financial Results
23 Oct 24
Pactiv Evergreen Inc. Completes Sale of Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano S.A.
1 Oct 24
Pactiv Evergreen Inc. to Present at the 2024 Jefferies Industrials Conference
29 Aug 24
Pactiv Evergreen Launches Recycleware® Reduced-Density Polypropylene Packaging Products
29 Aug 24