Myers Industries (MYE) reported second-quarter 2026 net sales of $179.2 million, up 9.8% from $163.2 million a year earlier. Net income was $20.0 million, compared with $9.7 million in the prior-year quarter.
Income from continuing operations was $18.7 million, or $0.50 per diluted share. Operating income was $31.2 million and operating income margin was 17.4%.
- Period Quarter ended June 30, 2026.
- Revenue Net sales rose 9.8%, and increased 13% excluding the impact of exiting about $5 million of low-margin products.
- End markets Infrastructure grew 52% and Food & Beverage grew 48%, while Vehicle fell 19% and Consumer fell 14%.
- Cash flow Cash flow from operations was $32.1 million, free cash flow was $26.5 million and capital expenditures were $5.6 million.
- Liquidity Total liquidity was $292.3 million, including $47.6 million in cash on hand and $244.7 million available under the revolving credit facility.
- Outlook The company listed strong growth for Infrastructure, moderate growth for Industrial and Food & Beverage, and stable conditions for Vehicle and Consumer.
$MYE Hedge Fund Activity
We have seen 77 institutional investors add shares of $MYE stock to their portfolio, and 70 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS added 1,441,256 shares (+475.8%) to their portfolio in Q1 2026, for an estimated $30,525,802
- INVENOMIC CAPITAL MANAGEMENT LP removed 481,952 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,207,743
- NUVEEN, LLC removed 241,182 shares (-75.6%) from their portfolio in Q1 2026, for an estimated $5,108,234
- ADVISORY RESEARCH INC added 222,788 shares (+17.1%) to their portfolio in Q1 2026, for an estimated $4,718,649
- JANE STREET GROUP, LLC added 182,698 shares (+inf%) to their portfolio in Q1 2026, for an estimated $3,869,543
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 157,650 shares (-24.8%) from their portfolio in Q1 2026, for an estimated $3,339,027
- SEI INVESTMENTS CO added 156,470 shares (+77.5%) to their portfolio in Q1 2026, for an estimated $3,314,034
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.
