Quad (NYSE: QUAD) reported third-quarter 2026 net sales of $587 million, compared with $588 million a year earlier. Net earnings were $6 million, or $0.11 per diluted share, versus $10 million, or $0.21 per diluted share, in the prior-year quarter.
The company updated its full-year outlook, narrowing adjusted EBITDA guidance to $185 million to $195 million and free-cash-flow guidance to $45 million to $55 million. Quad declared a quarterly dividend of $0.10 per share payable Dec. 4, 2026.
- Third-quarter net sales were $586.7 million, compared with $588.0 million in 2025.
- Third-quarter net earnings were $5.5 million, compared with $10.2 million a year earlier.
- Year-to-date net sales were $1.745 billion, down 2% from the comparable 2025 period.
- Year-to-date net earnings were $15.4 million, compared with $15.9 million in 2025.
- Quad repurchased 1.0 million Class A shares in 2026 and returned $23 million to shareholders year to date through dividends and share repurchases.
$QUAD Hedge Fund Activity
We have seen 80 institutional investors add shares of $QUAD stock to their portfolio, and 52 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SEGALL BRYANT & HAMILL, LLC added 289,655 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,441,791
- BLACKROCK, INC. added 269,378 shares (+13.3%) to their portfolio in Q2 2026, for an estimated $2,270,856
- INSPIRE INVESTING, LLC removed 223,657 shares (-76.4%) from their portfolio in Q3 2026, for an estimated $2,064,354
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 142,405 shares (-30.9%) from their portfolio in Q2 2026, for an estimated $1,200,474
- LAZARD ASSET MANAGEMENT LLC added 139,514 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,176,103
- TWO SIGMA INVESTMENTS, LP removed 127,082 shares (-43.6%) from their portfolio in Q2 2026, for an estimated $1,071,301
- PANAGORA ASSET MANAGEMENT INC added 117,828 shares (+337.6%) to their portfolio in Q2 2026, for an estimated $993,290
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.
