Stepan Company (NYSE: SCL) reported third-quarter 2026 net sales of $692.2 million, up 17% from $590.3 million a year earlier. GAAP net income rose 64% to $17.8 million, or $0.78 per diluted share, from $10.8 million, or $0.47 per diluted share.
The company reported sales-volume growth across its businesses and said it closed the sale of a parcel of land near its Millsdale site in October for $28.5 million, with proceeds designated for debt repayment.
- Third-quarter operating income was $26.0 million, up 19% year over year.
- Surfactants net sales increased 15% to $486.6 million, while Polymers sales rose 24% to $178.7 million.
- Specialty Products net sales increased 12% to $26.9 million.
- Reported EBITDA was $57.5 million, compared with $56.1 million in the prior-year quarter.
- The company recorded a $5.6 million pre-tax restructuring charge related to Project Catalyst during the quarter.
- Cash from operations was $29.3 million and capital expenditures were $21.1 million during the quarter.
$SCL Hedge Fund Activity
We have seen 109 institutional investors add shares of $SCL stock to their portfolio, and 94 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 406,851 shares (+inf%) to their portfolio in Q2 2026, for an estimated $22,669,737
- SOUTHERNSUN ASSET MANAGEMENT, LLC removed 378,799 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $21,106,680
- AMERICAN CENTURY COMPANIES INC added 216,411 shares (+29.6%) to their portfolio in Q2 2026, for an estimated $12,058,420
- BLACKROCK, INC. added 147,288 shares (+4.4%) to their portfolio in Q2 2026, for an estimated $8,206,887
- NORGES BANK added 132,700 shares (+inf%) to their portfolio in Q2 2026, for an estimated $7,394,044
- TOWLE & CO removed 105,940 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $5,902,976
- ACADIAN ASSET MANAGEMENT LLC added 96,738 shares (+2028.5%) to their portfolio in Q2 2026, for an estimated $5,390,241
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.
