Berry GlobalBERY
About: Berry global Group Inc is a supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are Consumer Packaging International, Consumer Packaging North America, Flexibles, and Health, Hygiene & Specialties. The company uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.
Employees: 42,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,063% more call options, than puts
Call options by funds: $14.6M | Put options by funds: $1.25M
102% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 44
46% more funds holding in top 10
Funds holding in top 10: 13 [Q3] → 19 (+6) [Q4]
9% more funds holding
Funds holding: 395 [Q3] → 430 (+35) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 136
4.2% less ownership
Funds ownership: 98.65% [Q3] → 94.45% (-4.2%) [Q4]
8% less capital invested
Capital invested by funds: $7.67B [Q3] → $7.04B (-$636M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Truist Securities Michael Roxland 20% 1-year accuracy 10 / 49 met price target | 10%upside $76 | Hold Maintained | 10 Feb 2025 |
UBS Joshua Spector 26% 1-year accuracy 10 / 39 met price target | 6%upside $73 | Neutral Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 9 articles about BERY published over the past 30 days
