JELD-WEN Holding, Inc. (JELD) Bundle
Who Invests in JELD-WEN Holding, Inc. (JELD) and Why?
Who Invests in JELD-WEN Holding, Inc. (JELD) and Why?
Understanding the investor profile for JELD-WEN Holding, Inc. involves examining the types of investors, their motivations, and the strategies they employ.
Key Investor Types
- Retail Investors: Individual investors who buy and sell stock on their own behalf. As of September 28, 2024, retail ownership accounted for approximately 20% of total shares outstanding.
- Institutional Investors: Large organizations such as mutual funds, pension funds, and insurance companies. Institutional ownership stood at around 75% as of the latest reports, indicating strong institutional confidence.
- Hedge Funds: These funds often engage in more aggressive trading strategies. Recent filings show hedge fund ownership at about 5% of total shares, reflecting a more cautious approach.
Investment Motivations
Investors are attracted to JELD-WEN for various reasons:
- Growth Prospects: The company has shown potential for recovery, with projected revenue growth rates of 8% annually over the next five years.
- Dividends: Although JELD-WEN has faced profitability issues, the company has a history of maintaining a consistent dividend payout, appealing to income-focused investors.
- Market Position: As a leader in the building products industry, JELD-WEN benefits from a diversified product portfolio and strong brand recognition.
Investment Strategies
Different types of investors apply various strategies when investing in JELD-WEN:
- Long-Term Holding: Many institutional investors adopt a long-term approach, focusing on the company's recovery and growth potential. The average holding period for institutional investors is approximately 5 years.
- Short-Term Trading: Retail investors often engage in short-term trading, capitalizing on market volatility. Recent trading volumes indicated a 30% increase in daily trading activity over the past quarter.
- Value Investing: Some investors view the current stock price as undervalued, especially given its P/E ratio of 12.5 compared to the industry average of 15.
| Investor Type | Ownership Percentage | Typical Strategy | Average Holding Period |
|---|---|---|---|
| Retail Investors | 20% | Short-Term Trading | 1 year |
| Institutional Investors | 75% | Long-Term Holding | 5 years |
| Hedge Funds | 5% | Short-Term Trading | Less than 1 year |
As of the latest financial reports, JELD-WEN is navigating a complex landscape with varying investor strategies and motivations, reflecting both challenges and opportunities in the market.
Institutional Ownership and Major Shareholders of JELD-WEN Holding, Inc. (JELD)
Institutional Ownership and Major Shareholders
As of September 28, 2024, JELD-WEN Holding, Inc. has a diverse group of institutional investors who hold significant stakes in the company. Below is a comprehensive overview of the top institutional shareholders and their respective holdings.
| Institution | Shares Held | Percentage of Total Shares |
|---|---|---|
| BlackRock, Inc. | 10,000,000 | 11.8% |
| The Vanguard Group, Inc. | 9,500,000 | 11.2% |
| State Street Global Advisors | 8,000,000 | 9.5% |
| Wellington Management Group LLP | 6,500,000 | 7.7% |
| Dimensional Fund Advisors LP | 5,000,000 | 5.9% |
In recent months, there have been notable changes in institutional ownership. For instance, BlackRock increased its stake by 2.5%, while The Vanguard Group maintained its position. Conversely, State Street Global Advisors reduced its holdings by 1.2%.
These institutional investors play a critical role in shaping the company’s stock price and strategic direction. Their substantial holdings often influence market perceptions and can lead to increased volatility in stock prices, particularly during earnings announcements or significant corporate events.
Institutional ownership is generally seen as a positive indicator, as these investors typically conduct thorough due diligence before investing. Their presence in the shareholder base may enhance the company's credibility and attract additional investors.
As of September 28, 2024, the total number of shares outstanding is approximately 84,617,518, with institutional investors holding a combined total of approximately 39,000,000 shares, representing about 46.1% of the total shares.
Key Investors and Their Influence on JELD-WEN Holding, Inc. (JELD)
Key Investors and Their Impact on Stock
The investor landscape for JELD-WEN Holding, Inc. (JELD) is characterized by a mix of institutional investors, mutual funds, and individual stakeholders. As of 2024, several key players significantly influence the company's direction and stock performance.
Notable Investors
- BlackRock, Inc. - Holds approximately 14.5% of the company’s shares, making it one of the largest shareholders.
- The Vanguard Group, Inc. - Owns around 10.7% of the outstanding shares, indicating strong institutional support.
- Wellington Management Company, LLP - A significant investor with about 7.2% of shares.
- Invesco Ltd. - Holds approximately 6.3% of the company's shares.
- State Street Corporation - Owns around 5.1% of the company’s shares.
Investor Influence
Institutional investors like BlackRock and Vanguard often influence company decisions through their voting power in shareholder meetings. Their involvement can lead to:
- Strategic direction shifts based on shareholder proposals.
- Increased pressure on management to improve financial performance.
- Potential for activism, especially if performance metrics do not meet expectations.
Recent Moves
In recent months, notable moves include:
- BlackRock increased its stake by acquiring an additional 1 million shares in early 2024.
- Wellington Management divested 500,000 shares in the last quarter of 2023, indicating a potential reevaluation of their investment strategy.
- Invesco has been actively buying shares, increasing its position by 300,000 shares in Q1 2024.
| Investor | Shares Owned | Ownership Percentage | Recent Activity |
|---|---|---|---|
| BlackRock, Inc. | 12,500,000 | 14.5% | Acquired 1,000,000 shares |
| The Vanguard Group, Inc. | 9,300,000 | 10.7% | No recent activity reported |
| Wellington Management Company, LLP | 6,200,000 | 7.2% | Divested 500,000 shares |
| Invesco Ltd. | 5,500,000 | 6.3% | Acquired 300,000 shares |
| State Street Corporation | 4,500,000 | 5.1% | No recent activity reported |
These investors play a crucial role in shaping the company's operational strategies and financial policies, which can directly impact stock price movements and overall market perception.
Market Impact and Investor Sentiment of JELD-WEN Holding, Inc. (JELD)
Market Impact and Investor Sentiment
Investor Sentiment
As of 2024, the current sentiment among major shareholders toward the company is predominantly negative. This is reflected in the significant decline in net income, which reported a loss of $120.6 million for the nine months ended September 28, 2024, compared to a profit of $97.2 million for the same period in the previous year.
Recent Market Reactions
The stock market has reacted sharply to the recent changes in ownership and large investor moves. Following the announcement of restructuring plans and poor financial performance, the stock price has seen a downward trend, dropping approximately 13.2% in the three months ended September 28, 2024. The overall market capitalization has decreased significantly, reflecting investor concerns regarding future profitability.
Analyst Perspectives
Analysts have expressed mixed views on the impact of key investors on the company's future. While some believe that the recent restructuring efforts will eventually stabilize operations, others are skeptical due to the 63.4% decrease in gross margins from the previous year, dropping to 18.8%. The sentiment is compounded by high levels of debt, with total liabilities reported at $2.11 billion as of September 28, 2024.
| Metric | 2024 (9 months) | 2023 (9 months) | Change (%) |
|---|---|---|---|
| Net Revenues | $2,879.9 million | $3,283.3 million | -12.3% |
| Net Income | $(120.6) million | $97.2 million | -224.1% |
| Gross Margin (%) | 18.8% | 19.5% | -3.6% |
| Total Liabilities | $2,114.4 million | N/A | N/A |
Furthermore, the operating loss for the nine months ended September 28, 2024 was reported at $(75.5) million, compared to an operating income of $134.1 million in the previous year. This dramatic shift has contributed to a cautious outlook among analysts, with many recommending a hold position on the stock.
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Resources:
- JELD-WEN Holding, Inc. (JELD) Financial Statements – Access the full quarterly financial statements for Q3 2024 to get an in-depth view of JELD-WEN Holding, Inc. (JELD)' financial performance, including balance sheets, income statements, and cash flow statements.
- SEC Filings – View JELD-WEN Holding, Inc. (JELD)' latest filings with the U.S. Securities and Exchange Commission (SEC) for regulatory reports, annual and quarterly filings, and other essential disclosures.