tredegar film products is a global leader in the plastic films industry with a wide range of capabilities in polyethylene, polypropylene, elastics and polyester films. with a global footprint and local supply capabilities, we support demand for films applications in diverse end-use markets, including personal care, electronic display, food packaging and lighting. with strategically located global operations and a culture focused on innovative research and development, tredegar film products is well positioned to expand its reach in diverse markets around the world to deliver “layers of confidence”™. headquartered in north chesterfield, va, usa, tredegar film products corporation, a subsidiary of tredegar corporation (nyse:tg), has 1700+ employees and 13 locations throughout north america, europe, asia, and south america.
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
Entry into a Material Definitive Agreement
22 Apr 24
ARS
2023 FY
Annual report to shareholders
26 Mar 24
DEFA14A
Additional proxy soliciting materials
26 Mar 24
DEF 14A
Definitive proxy
26 Mar 24
8-K
Tredegar Reports Fourth Quarter and Full Year 2023 Results
15 Mar 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Entry into a Material Definitive Agreement
28 Dec 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Tredegar Reports Third Quarter 2023 Results
9 Nov 23
8-K
Entry into a Material Definitive Agreement
6 Nov 23
Latest ownership filings
SC 13D/A
GAMCO INVESTORS, INC. ET AL
15 Apr 24
SC 13D/A
GOTTWALD JOHN D
8 Apr 24
4
Carl E. Tack III
3 Apr 24
4
GREGORY A PRATT
3 Apr 24
4
THOMAS G SNEAD JR
3 Apr 24
4
GEORGE C FREEMAN III
3 Apr 24
4
Kenneth Newsome
3 Apr 24
4
JOHN M STEITZ
21 Mar 24
4
Frasier W Brickhouse II
21 Mar 24
4
Kevin Cyril Donnelly
21 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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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) | 48.60 mm | 48.60 mm | 48.60 mm | 48.60 mm | 48.60 mm | 48.60 mm |
Cash burn (monthly) | (no burn) | (no burn) | 21.23 mm | 7.80 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 146.45 mm | 53.82 mm | n/a | n/a |
Cash remaining | n/a | n/a | -97.84 mm | -5.22 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | -4.6 | -0.7 | n/a | n/a |
Institutional ownership, Q3 2023
65.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 119 |
Opened positions | 24 |
Closed positions | 32 |
Increased positions | 32 |
Reduced positions | 35 |
13F shares | Current |
---|---|
Total value | 106.58 bn |
Total shares | 22.48 mm |
Total puts | 8.90 k |
Total calls | 20.50 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Gamco Investors | 4.28 mm | $23.17 bn |
Gottwald John D | 2.39 mm | $25.48 mm |
BLK Blackrock | 2.08 mm | $11.25 bn |
Vanguard | 1.33 mm | $7.21 bn |
Dimensional Fund Advisors | 1.33 mm | $7.21 bn |
Hotchkis & Wiley Capital Management | 1.19 mm | $6.46 bn |
Millennium Management | 1.17 mm | $6.34 bn |
Minerva Advisors | 990.55 k | $5.38 bn |
Gabelli Funds | 573.00 k | $3.10 bn |
STT State Street | 570.26 k | $3.09 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Newsome Kenneth | Tredegar Common Stock | Grant | Acquire A | No | No | 6.38 | 3,526 | 22.50 k | 53,978 |
1 Apr 24 | Freeman George C Iii | Tredegar Common Stock | Grant | Acquire A | No | No | 6.38 | 3,526 | 22.50 k | 56,481 |
1 Apr 24 | Thomas G Snead JR | Tredegar Common Stock | Grant | Acquire A | No | No | 6.38 | 3,526 | 22.50 k | 55,580 |
1 Apr 24 | Pratt Gregory A | Tredegar Common Stock | Grant | Acquire A | No | No | 6.38 | 4,800 | 30.62 k | 60,251 |
1 Apr 24 | Tack Carl E. III | Tredegar Common Stock | Grant | Acquire A | No | No | 6.38 | 3,526 | 22.50 k | 53,978 |
News
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3 Apr 24
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15 Mar 24
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15 Mar 24
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15 Mar 24
Tredegar Q4 EPS $(0.01) Down From $0.02 YoY, Sales $169.34M Down From $189.15M YoY
15 Mar 24