Berry GlobalBERY
About: Berry global Group Inc is a supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are Consumer Packaging International, Consumer Packaging North America, Flexibles, and Health, Hygiene & Specialties. The company uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.
Employees: 42,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
135% more call options, than puts
Call options by funds: $18.7M | Put options by funds: $7.95M
14% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 49
14% more capital invested
Capital invested by funds: $6.76B [Q2] → $7.67B (+$913M) [Q3]
8% more funds holding in top 10
Funds holding in top 10: 12 [Q2] → 13 (+1) [Q3]
1% more funds holding
Funds holding: 390 [Q2] → 394 (+4) [Q3]
1.82% less ownership
Funds ownership: 100.48% [Q2] → 98.66% (-1.82%) [Q3]
14% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 153
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Truist Securities Michael Roxland 32% 1-year accuracy 15 / 47 met price target | 8%upside $76 | Hold Maintained | 10 Feb 2025 |
UBS Joshua Spector 49% 1-year accuracy 18 / 37 met price target | 4%upside $73 | Neutral Maintained | 7 Feb 2025 |
Barclays Michael Leithead 55% 1-year accuracy 11 / 20 met price target | 7%upside $75 | Equal-Weight Maintained | 27 Nov 2024 |
Citigroup Anthony Pettinari 44% 1-year accuracy 22 / 50 met price target | 8%upside $76 | Neutral Reinstated | 25 Nov 2024 |
JP Morgan Jeffrey Zekauskas 35% 1-year accuracy 15 / 43 met price target | 8%upside $76 | Overweight Reinstated | 25 Nov 2024 |
Financial journalist opinion
Based on 14 articles about BERY published over the past 30 days









