Seneca Foods is one of North America's leading providers of packaged fruits and vegetables, with facilities located throughout the United States. Its high quality products are primarily sourced from over 1,600 American farms. Seneca holds the largest share of the retail private label, food service, and export canned vegetable markets, distributing to over 90 countries. Products are also sold under the highly regarded brands of Libby's®, Aunt Nellie's®, Green Valley®, CherryMan®, READ®, and Seneca labels, including Seneca snack chips.
Company profile
Ticker
SENEA, SENEB
Exchange
Website
CEO
Paul Laurence Palmby
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
J.M. Smucker • Farmmi ...
Former names
SENECA FOODS CORP /NY/
SEC CIK
Corporate docs
Subsidiaries
Cannacan Inc. • Dundee Insurance Company, Inc. • Gray & Company • Gray Glace Products Company • Green Valley Foods LLC • Marion Foods, Inc. • Portland Food Products Company • Seneca Foods, LLC • Seneca Snack Company ...
IRS number
160733425
SENEA stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
9 Feb 23
8-K
Results of Operations and Financial Condition
8 Feb 23
10-Q
2022 Q3
Quarterly report
8 Feb 23
8-K
Entry into a Material Definitive Agreement
26 Jan 23
10-Q
2022 Q2
Quarterly report
9 Nov 22
8-K
Results of Operations and Financial Condition
9 Nov 22
8-K
Submission of Matters to a Vote of Security Holders
12 Aug 22
8-K
Results of Operations and Financial Condition
11 Aug 22
10-Q
2022 Q1
Quarterly report
11 Aug 22
DEF 14A
Definitive proxy
8 Jul 22
Latest ownership filings
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
KRAIG H KAYSER
2 Feb 23
SC 13G/A
ROYCE & ASSOCIATES LP
27 Jan 23
SC 13G/A
BlackRock Inc.
23 Jan 23
4
Timothy John Benjamin
15 Aug 22
4
Dean Everett Erstad
15 Aug 22
4
Timothy Robert Nelson
15 Aug 22
11-K
Annual report of employee stock purchases
29 Jun 22
4
Paul Laurence Palmby
13 Jun 22
Financial summary
| Quarter (USD) | Dec 22 | Oct 22 | Jul 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
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| Revenue | |||||
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| 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) | 12.52 mm | 12.52 mm | 12.52 mm | 12.52 mm | 12.52 mm | 12.52 mm |
| Cash burn (monthly) | 123.67 k | (no burn) | (no burn) | (no burn) | 18.62 mm | 12.35 mm |
| Cash used (since last report) | 351.43 k | n/a | n/a | n/a | 52.91 mm | 35.11 mm |
| Cash remaining | 12.16 mm | n/a | n/a | n/a | -40.40 mm | -22.59 mm |
| Runway (months of cash) | 98.4 | n/a | n/a | n/a | -2.2 | -1.8 |
Institutional ownership, Q4 2022
3.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 126 |
| Opened positions | 24 |
| Closed positions | 9 |
| Increased positions | 32 |
| Reduced positions | 48 |
| 13F shares | Current |
|---|---|
| Total value | 200.68 bn |
| Total shares | 4.06 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 1.01 mm | $61.39 bn |
| Dimensional Fund Advisors | 548.75 k | $33.45 mm |
| Vanguard | 406.62 k | $24.78 bn |
| Royce & Associates | 239.15 k | $14.58 bn |
| IVZ Invesco | 213.78 k | $13.03 bn |
| STT State Street | 207.21 k | $12.63 bn |
| Geode Capital Management | 109.55 k | $6.68 bn |
| Renaissance Technologies | 100.53 k | $6.13 bn |
| NTRS Northern Trust | 76.44 k | $4.66 bn |
| Foundry Partners | 73.10 k | $4.46 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Jan 23 | Kraig H Kayser | Seneca Foods Class B Common | Gift | Acquire G | No | No | 64.62 | 1,160 | 74.96 k | 111,411 |
| 12 Aug 22 | Timothy Robert Nelson | Seneca Foods Class A Common | Grant | Acquire A | No | No | 0 | 441 | 0.00 | 915 |
| 12 Aug 22 | Benjamin Timothy John | Seneca Foods Class A Common | Grant | Acquire A | No | No | 0 | 441 | 0.00 | 5,285 |
| 12 Aug 22 | Dean Everett Erstad | Seneca Foods Class A Common | Grant | Acquire A | No | No | 0 | 441 | 0.00 | 915 |
| 10 Jun 22 | Paul Laurence Palmby | Seneca Foods Class B Common | Other | Acquire J | No | No | 58 | 1,264 | 73.31 k | 2,033 |