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 • 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
Latest filings (excl ownership)
10-K
2022 FY
Annual report
27 Feb 23
8-K
Glatfelter Reports Fourth Quarter and Full Year Results Including
21 Feb 23
8-K
Entry into a Material Definitive Agreement
21 Feb 23
8-K/A
Amendments to Articles of Incorporation or Bylaws
6 Dec 22
8-K
Amendments to Articles of Incorporation or Bylaws
5 Dec 22
8-K
Amendments to Articles of Incorporation or Bylaws
17 Nov 22
8-K
Submission of Matters to a Vote of Security Holders
16 Nov 22
8-K
Glatfelter Reports Third Quarter Results Including Turnaround Strategy To Drive Improved Profitability Under New CEO
3 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
DEFA14A
Additional proxy soliciting materials
26 Oct 22
Transcripts
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
GLT
Earnings call transcript
2021 Q4
10 Feb 22
GLT
Earnings call transcript
2021 Q3
2 Nov 21
GLT
Earnings call transcript
2021 Q2
8 Aug 21
GLT
Earnings call transcript
2021 Q1
8 May 21
GLT
Earnings call transcript
2020 Q4
5 Feb 21
GLT
Earnings call transcript
2020 Q3
9 Nov 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 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) | 115.56 mm | 115.56 mm | 115.56 mm | 115.56 mm | 115.56 mm | 115.56 mm |
| Cash burn (monthly) | (no burn) | (no burn) | 11.94 mm | 16.36 mm | (no burn) | (no burn) |
| Cash used (since last report) | n/a | n/a | 34.95 mm | 47.89 mm | n/a | n/a |
| Cash remaining | n/a | n/a | 80.61 mm | 67.67 mm | n/a | n/a |
| Runway (months of cash) | n/a | n/a | 6.8 | 4.1 | n/a | n/a |
Institutional ownership, Q4 2022
82.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 130 |
| Opened positions | 27 |
| Closed positions | 28 |
| Increased positions | 38 |
| Reduced positions | 53 |
| 13F shares | Current |
|---|---|
| Total value | 91.51 bn |
| Total shares | 36.96 mm |
| Total puts | 1.40 k |
| Total calls | 2.60 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Carlson Capital L P | 5.37 mm | $14.91 bn |
| BLK Blackrock | 3.08 mm | $8.57 bn |
| Vanguard | 1.99 mm | $5.54 bn |
| Millennium Management | 1.85 mm | $5.16 bn |
| Dimensional Fund Advisors | 1.84 mm | $5.13 mm |
| Acadian Asset Management | 1.74 mm | $4.86 bn |
| Segall Bryant & Hamill | 1.65 mm | $4.61 bn |
| AMP Ameriprise Financial | 1.14 mm | $3.17 bn |
| D. E. Shaw & Co. | 1.07 mm | $2.98 bn |
| Charles Schwab Investment Management | 907.00 k | $2.52 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Feb 23 | David C Elder | Common Stock, Par Value $.01 | Buy | Acquire P | No | No | 3.5258 | 3,800 | 13.40 k | 90,023 |
| 24 Feb 23 | David C Elder | Common Stock, Par Value $.01 | Buy | Acquire P | No | No | 3.5206 | 5,000 | 17.60 k | 86,223 |
| 24 Feb 23 | Thomas Fahnemann | RSU Common Stock, Par Value $.01 | Grant | Acquire A | No | No | 0 | 240,000 | 0.00 | 240,000 |
| 24 Feb 23 | Ramesh Shettigar | RSU Common Stock, Par Value $.01 | Grant | Acquire A | No | No | 0 | 40,000 | 0.00 | 40,000 |
| 24 Feb 23 | Wolfgang Laures | RSU Common Stock, Par Value $.01 | Grant | Acquire A | No | No | 0 | 29,473 | 0.00 | 29,473 |
| 24 Feb 23 | David C Elder | RSU Common Stock, Par Value $.01 | Grant | Acquire A | No | No | 0 | 24,000 | 0.00 | 24,000 |
Press releases
Glatfelter Corporation to Present at the J.P. Morgan Global High Yield & Leveraged Finance Conference
23 Feb 23
Glatfelter Reports Fourth Quarter and Full Year Results Including Progress Toward Executing Turnaround Strategy
21 Feb 23
Glatfelter Corporation to Report Earnings on February 21st
8 Feb 23