Myers Industries (MYE)

• Market cap: $353M
• 1 day: 0.96%
• 5 days: 2.38%
• 1 month: -27.12%
• 3 months: -19.35%
• 6 months: -28.77%
• Year to date: -12.00%
• 1 year: -54.89%
• 5 years: -11.59%
• 10 years: -41.46%
• Sector: Consumer Discretionary
• Industry: Packaging & Containers

About: Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment manufactures a selection of durable plastic reusable products that are used repeatedly during the course of their service life. The Distribution segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive under-vehicle repair, etc. It generates the majority of its revenue from the Material Handling segment.

Employees: 2,700

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

13% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 53

2.11% less ownership

Funds ownership: 90.96% [Q3] → 88.85% (-2.11%) [Q4]

3% less funds holding

Funds holding: 173 [Q3] → 168 (-5) [Q4]

12% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 34

13% less call options, than puts

Call options by funds: $13K | Put options by funds: $15K

22% less capital invested

Capital invested by funds: $468M [Q3] → $364M (-$104M) [Q4]