Rayonier Advanced Materials (RYAM)
Converts wood pulp into high-purity specialty cellulose for cigarette filters, LCD screens, and pharmaceutical uses.
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Converts wood pulp into high-purity specialty cellulose for cigarette filters, LCD screens, and pharmaceutical and food uses, alongside commodity pulp, paperboard, and a newer biomaterials line. An interim executive office is currently steering the company through a review of strategic alternatives.
Spun off from a larger forest-products company in 2014, converts wood pulp into high-purity specialty cellulose for cigarette filters, LCD screens, and pharmaceutical and food uses, alongside commodity dissolving pulp, paperboard, high-yield pulp, and a biomaterials line built on bioethanol and lignosulfonates.
Manufacturing runs through mills in Georgia and Florida, a French plant known for high-viscosity ether-grade cellulose, and a Canadian site that kept paperboard and high-yield pulp running after its dissolving-pulp line closed. Most revenue comes from outside the United States.
Customers qualify a dissolving-pulp grade over several years before switching, favoring a few established producers — cellulose specialties, sold this way, remains the primary profit driver. Cellulose-acetate demand tracks a shrinking cigarette-filter market, and bioethanol volumes depend on European renewable-fuel rules. An interim executive office runs the company while the board weighs a sale, merger, or standalone path.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 27, 2026Cash & short-term investments $57.0M · Total debt $774.8M · Total assets $1.62B · Shareholders' equity $194.8M
- Revenue
- $376.0M
- Operating income
- −$7.0M
- Net income
- −$33.0M
No dividends on record.
| Institutions | ≈ 78.23% | 52.91M shares | |
|---|---|---|---|
| 201 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 4.96% | 3.36M shares | |
| 21 holders · as of Aug 11, 2026 | |||
| Other | ≈ 16.81% | 11.37M shares | |
| remainder | |||
67.64M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Condire Management, LPInstitution | 9.40% | 6.36M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 7.04% | 4.76M | as of Jun 30, 2026 |
DDD Partners, LLC dba Tschetter GroupInstitution | 6.30% | 4.26M | filed Feb 16, 2021 |
Aip, LLCInstitution | 5.03% | 3.40M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 4.88% | 3.30M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 7, 2026 | Lisa M. Palumbo | director | −1,931 | $9.13 |
- Suzano (ADR)
Scale threat in commodity pulp, entering dissolving-grade cellulose
- Mercer International
Overlaps in market pulp and high-yield pulp capacity
- Graphic Packaging
Competes in coated paperboard for folding cartons
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Rayonier Advanced Materials | $9.05 | +6.72% | $571.9M | — | 16.8 | 0.4 | +10.6% |
| Suzano (ADR) | $9.45 | +2.16% | $11.43B | 7.1 | 20.3 | 1.2 | −8.8% |
| Mercer International | $0.3443 | +0.53% | $22.9M | — | — | 0.0 | +1.5% |
| Graphic Packaging | $9.52 | +2.86% | $2.74B | 14.0 | 10.3 | 0.3 | −0.7% |
| Median | 10.6 | 15.3 | 0.3 | −0.7% |