Ingevity (NGVT) reported second-quarter 2026 net sales of $314.1 million, down 5% from the prior year, driven primarily by the April 15 sale of its Road Markings product line. Excluding Road Markings, sales increased 5%.
The company reported net income from continuing operations of $39.8 million, or $1.13 per diluted share, compared with a prior-year loss from continuing operations of $141.4 million, or $3.87 per diluted share. Ingevity raised its full-year adjusted EBITDA outlook to $380 million to $400 million.
- Second-quarter net sales were $314.1 million, compared with $331.5 million a year earlier.
- Net income was $35.3 million, compared with a net loss of $146.5 million in the prior-year quarter.
- Performance Materials sales rose 4% to $160.6 million.
- Pavement Technologies sales declined 22% to $104.2 million, primarily due to the Road Markings divestiture.
- Advanced Polymer Technologies sales increased 14% to $49.3 million.
- Share repurchases totaled approximately $35 million in the quarter at a weighted average price of $70.94 per share.
- The company now expects 2026 net sales of $1.05 billion to $1.15 billion.
$NGVT Insider Trading Activity
$NGVT insiders have traded $NGVT stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $NGVT stock by insiders over the last 6 months:
- TERRANCE M DYER (SVP, Chief HR Officer) has made 0 purchases and 3 sales selling 496 shares for an estimated $33,970.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NGVT Hedge Fund Activity
We have seen 113 institutional investors add shares of $NGVT stock to their portfolio, and 127 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ added 557,209 shares (+1331.7%) to their portfolio in Q1 2026, for an estimated $39,689,997
- LONDON CO OF VIRGINIA removed 444,342 shares (-99.0%) from their portfolio in Q1 2026, for an estimated $31,650,480
- WELLINGTON MANAGEMENT GROUP LLP removed 426,064 shares (-22.2%) from their portfolio in Q1 2026, for an estimated $30,348,538
- FMR LLC removed 423,690 shares (-61.1%) from their portfolio in Q1 2026, for an estimated $30,179,438
- BLACKROCK, INC. removed 303,063 shares (-5.4%) from their portfolio in Q1 2026, for an estimated $21,587,177
- BESSEMER GROUP INC added 259,124 shares (+465.9%) to their portfolio in Q1 2026, for an estimated $18,457,402
- BOSTON PARTNERS removed 240,361 shares (-38.7%) from their portfolio in Q1 2026, for an estimated $17,120,914
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
