redegar Corporation is a publicly traded company that manufactures plastic films and aluminum extrusions. It is headquartered in Richmond, Virginia. This company was formed in 1989 when the aluminium, plastics, and energy units of Ethyl Corporation were spun-off.
Company profile
Ticker
TG
Exchange
Website
CEO
John Steitz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
TREDEGAR INDUSTRIES INC
SEC CIK
Corporate docs
Subsidiaries
Bon L Aluminum LLC • Bon L Campo Limited Partnership • Bon L Holdings LLC • Bonnell Aluminum (Clearfield), Inc. • Bonnell Aluminum (Corporate), Inc. • Bonnell Aluminum (Elkhart), Inc. • Bonnell Aluminum, Inc. • Bonnell Aluminum (Niles), LLC • El Campo GP, LLC • Guangzhou Tredegar Film Products Company Limited ...
IRS number
541497771
TG stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
8 May 23
8-K
Tredegar Reports First Quarter 2023 Results
8 May 23
10-Q
2022 Q3
Quarterly report
8 May 23
ARS
2022 FY
Annual report to shareholders
24 Mar 23
DEFA14A
Additional proxy soliciting materials
24 Mar 23
DEF 14A
Definitive proxy
24 Mar 23
8-K
Tredegar Reports Fourth Quarter and Full Year 2022 Results
16 Mar 23
10-K
2022 FY
Annual report
16 Mar 23
8-K
Tredegar Announces Retirement of John D. Gottwald
9 Jan 23
8-K
Tredegar Reports Third Quarter 2022 Results
9 Nov 22
Latest ownership filings
4
Kevin Cyril Donnelly
18 May 23
4
D ANDREW EDWARDS
18 May 23
4
JOHN M STEITZ
18 May 23
4
Frasier W Brickhouse II
18 May 23
SC 13D/A
GAMCO INVESTORS, INC. ET AL
21 Apr 23
4
GREGORY A PRATT
5 Apr 23
4
Carl E. Tack III
5 Apr 23
4
GEORGE C FREEMAN III
5 Apr 23
4
Kenneth Newsome
5 Apr 23
4
Anne G Waleski
5 Apr 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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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) | 15.03 mm | 15.03 mm | 15.03 mm | 15.03 mm | 15.03 mm | 15.03 mm |
| Cash burn (monthly) | 1.40 mm | 885.25 k | 226.00 k | (no burn) | 3.04 mm | (no burn) |
| Cash used (since last report) | 2.92 mm | 1.84 mm | 469.99 k | n/a | 6.31 mm | n/a |
| Cash remaining | 12.11 mm | 13.18 mm | 14.56 mm | n/a | 8.71 mm | n/a |
| Runway (months of cash) | 8.6 | 14.9 | 64.4 | n/a | 2.9 | n/a |
Institutional ownership, Q1 2023
72.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 123 |
| Opened positions | 14 |
| Closed positions | 17 |
| Increased positions | 42 |
| Reduced positions | 42 |
| 13F shares | Current |
|---|---|
| Total value | 195.95 bn |
| Total shares | 24.54 mm |
| Total puts | 1.20 k |
| Total calls | 15.10 k |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 5.06 mm | $46.20 bn |
| Gamco Investors | 3.70 mm | $33.80 bn |
| Gottwald John D | 2.39 mm | $25.48 mm |
| Dimensional Fund Advisors | 2.08 mm | $18.99 bn |
| Vanguard | 1.72 mm | $15.74 bn |
| IVZ Invesco | 1.39 mm | $12.67 bn |
| STT State Street | 1.08 mm | $10.04 bn |
| Hotchkis & Wiley Capital Management | 595.31 k | $5.44 bn |
| BK Bank Of New York Mellon | 520.96 k | $4.76 bn |
| Gabelli Funds | 510.30 k | $4.66 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 May 23 | Steitz John M | Tredegar Common Stock | Grant | Acquire A | No | No | 0 | 134,229 | 0.00 | 325,168 |
| 11 May 23 | Frasier W Brickhouse II | Tredegar Common Stock | Grant | Acquire A | No | No | 0 | 8,385 | 0.00 | 35,149 |
| 11 May 23 | D Andrew Edwards | Tredegar Common Stock | Grant | Acquire A | No | No | 0 | 37,662 | 0.00 | 122,800 |
| 11 May 23 | Kevin Cyril Donnelly | Tredegar Common Stock | Grant | Acquire A | No | No | 0 | 28,350 | 0.00 | 107,219 |
| 3 Apr 23 | Gottwald John D | Tredegar Common Stock | Grant | Acquire A | No | No | 9.25 | 220 | 2.04 k | 1,917,445 |
Press releases
Tredegar Reports First Quarter 2023 Results
8 May 23
Tredegar Board Declares Quarterly Dividend
5 May 23
Tredegar Will Host Virtual Annual Meeting of Shareholders; Announces Schedule for First-Quarter Earnings
26 Apr 23
TSLOTS Aluminum Framing System to Expand Operations into Southeastern U.S.
4 Apr 23
Tredegar Reports Fourth Quarter and Full Year 2022 Results
16 Mar 23