Magnera (MAGN) reported third-quarter net sales of $857 million, up from $839 million a year earlier. GAAP operating income was $22 million, compared with $13 million in the prior-year quarter.
The company reported a GAAP net loss of $20 million, or $0.56 per basic and diluted share. Adjusted EBITDA, a non-GAAP measure, was $99 million, up 9% from $91 million a year earlier.
- Quarterly net sales were $857 million, compared with $839 million in 2025.
- GAAP net loss was $20 million, compared with a net loss of $18 million a year earlier.
- Basic and diluted net loss per share was $0.56, compared with $0.51 in the prior-year quarter.
- June year-to-date net sales were $2.45 billion, compared with $2.37 billion in 2025.
- The company reaffirmed its full-year free cash flow outlook and said it is holding to the lower end of its adjusted EBITDA guidance range.
- Magnera will host a conference call on August 6, 2026, at 10:00 a.m. U.S. Eastern Time.
$MAGN Hedge Fund Activity
We have seen 72 institutional investors add shares of $MAGN stock to their portfolio, and 83 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DG CAPITAL MANAGEMENT, LLC added 1,170,581 shares (+3183.1%) to their portfolio in Q1 2026, for an estimated $11,132,225
- JEFFERIES FINANCIAL GROUP INC. removed 994,619 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $9,458,826
- NUVEEN, LLC removed 732,453 shares (-89.0%) from their portfolio in Q1 2026, for an estimated $6,965,628
- THOMPSON SIEGEL & WALMSLEY LLC added 574,264 shares (+inf%) to their portfolio in Q1 2026, for an estimated $5,461,250
- SG AMERICAS SECURITIES, LLC removed 557,810 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $5,304,773
- MORGAN STANLEY removed 454,636 shares (-18.8%) from their portfolio in Q1 2026, for an estimated $4,323,588
- GOLDMAN SACHS GROUP INC removed 425,937 shares (-54.0%) from their portfolio in Q1 2026, for an estimated $4,050,660
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.
