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Bemis Company, Inc.
Type
Public
Traded as NYSE: BMS
S&P 400 Component
Industry Packaging
Founded 1858
Founder Judson Moss Bemis
Headquarters Neenah, Wisconsin, U.S.
Key people
William F. Austen, President and CEO
Michael B. Clauer, Vice President and CFO
Revenue IncreaseUS$5.3B(FY 2011)
Operating income
IncreaseUS$367M (FY 2011)
Net income
IncreaseUS$184M (FY 2011)
Total assets IncreaseUS$4.32B (FY 2011)
Total equity IncreaseUS$1.58B (FY 2011)
Number of employees
20,165 (2011)
Website www.bemis.com

Bemis Company, Inc. is a global manufacturer of flexible packaging products (ranging from self-venting cook-in-bag packaging and retort packaging for shelf-stable products, to vacuum packaging for meat products and puncture-resistant, sterile medical packaging) and pressure-sensitive materials. Bemis is headquartered in Neenah, Wisconsin in the United States. Its divisions are located in 12 countries and its films for packaging products and adhesive materials are distributed worldwide.

Bemis Inc. was founded by Judson Moss Bemis in 1858 in St. Louis, Missouri, as a manufacturer of printed cotton bags for food products. Its first location was on the second floor of a machine shop, which provided steam to operate the printing presses and readily available maintenance personnel for machine repairs.

Two key innovations Bemis' company originally pioneered were the printing and machine-sewing of bags. (Traditionally, bags were stenciled and hand-sewn.) Bemis' first order was for 200 half-barrel sacks. To allay worries that machine-sewn bags were inferior to traditional hand-sewn bags, Judson Bemis unconditionally guaranteed every bag his company manufactured.

In 1867, Judson Bemis' brother, Stephen A. Bemis, returned from the gold rush and joined Judson in the bag manufacturing business. Bemis Bro. Bag Co. opened its second plant in 1880 in Minneapolis, followed by a third in Omaha, Nebraska, in 1888. These plants were followed by others in New Orleans, Superior (WI), San Francisco, Indianapolis, Memphis, Kansas City, Seattle, and Winnipeg. In the early 1900s, Bemis opened its first paper bag manufacturing plant.

On July 25, 2003, Bemis Company, Inc. and UPM-Kymmene (NYSE:UPM) agreed to terminate their agreement to sell Bemis' Pressure Sensitive Materials Business to UPM-Kymmene. On April 15, 2003, the Department of Justice was granted an injunction to block the transaction.

In 2011, the company had net sales of $5.3 billion, operating 78 facilities in 12 countries. Over two-thirds of Bemis packaging is used in the food industry, with the balance used in markets including medical, pharmaceutical, chemical and agribusiness. Bemis' pressure-sensitive products are used in industries including graphic arts, digital imaging, assembly engineering, communications and medical. In July 2012 Bemis company announced a strategic partnership with Norwegian printed electronics company Thin Film Electronics ASA to bring printed electronics to existing Bemis packaging lines. In 2013 the company acquired a China-Based film platform. In 2014, Bemis Sold its Paper Packaging Division to Hood Packaging Corporation.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2019 2019-10-23 Future report Set alerts
Q2 2019 2019-07-24 Future report Set alerts
Q1 2019 2019-04-22 0.67 0.66
Q4 2018 2019-01-31 0.71 0.81
Q3 2018 2018-10-25 0.77 0.63
Q2 2018 2018-07-26 0.68 0.51
Q1 2018 2018-04-26 0.63 0.52
Q4 2017 2018-02-01 0.63 -0.44
Q3 2017 2017-10-26 0.70 0.61
Q2 2017 2017-07-27 0.48 0.30

Ratings

2016-07-12 Initiated Coverage SunTrust Banks Inc. Buy $60.00
2016-06-10 Reiterated Rating BMO Capital Markets Hold
2016-06-02 Reiterated Rating Goldman Sachs Hold
2016-06-02 Reiterated Rating Goldman Sachs Group Inc. Hold
2016-05-18 Reiterated Rating Deutsche Bank Hold
2016-05-18 Reiterated Rating Deutsche Bank AG Hold
2016-05-12 Initiated Coverage Goldman Sachs Neutral $53.00
2016-05-02 Reiterated Rating BMO Capital Markets Hold
2016-05-02 Upgrade Vertical Group Sell to Hold
2016-05-02 Boost Price Target Barclays Equal Weight $47.00 to $50.00
2016-05-02 Boost Price Target Barclays PLC Equal Weight $47.00 to $50.00
2016-04-29 Upgrade Vertical Research Sell to Hold
2016-04-06 Downgrade Citigroup Inc. Buy to Neutral $52.00
2016-03-30 Downgrade BMO Capital Markets Outperform to Market Perform $52.00
2016-03-20 Downgrade Vertical Group Hold to Sell
2016-03-18 Downgrade Vertical Research Hold to Sell
2016-03-10 Reiterated Rating Robert W. Baird Hold
2016-03-09 Boost Price Target Robert W. Baird Neutral $50.00 to $53.00
2016-02-19 Initiated Coverage RBC Capital Sector Perform $51.00
2016-02-19 Initiated Coverage Royal Bank Of Canada Sector Perform $51.00
2016-01-31 Reiterated Rating Deutsche Bank Hold $45.00
2016-01-29 Boost Price Target Citigroup Inc. Buy $51.00 to $52.00
2016-01-08 Upgrade Citigroup Inc. Neutral to Buy $43.99
2016-01-08 Upgrade Barclays Underweight to Equal Weight $39.00 to $45.00
2015-11-10 Initiated Coverage Macquarie Neutral $45.00
2015-10-27 Lower Price Target Jefferies Group Hold $43.00 to $42.00
2015-10-15 Lower Price Target Citigroup Inc. $46.00 to $42.00
2015-09-14 Lower Price Target Credit Suisse Neutral $49.00 to $48.00
2015-09-14 Lower Price Target Credit Suisse Group AG Neutral $49.00 to $48.00
2015-07-08 Boost Price Target Jefferies Group Hold $41.00 to $43.00
2015-04-24 Boost Price Target BMO Capital Markets Outperform $50.00 to $52.00
2015-04-10 Upgrade Bank of America Neutral to Buy $49.00 to $50.00
2015-04-10 Upgrade Bank of America Corp. Neutral to Buy $49.00 to $50.00
2015-01-30 Boost Price Target Barclays Underweight $38.00 to $39.00
2015-01-20 Boost Price Target Barclays Underweight $36.00 to $38.00
2015-01-15 Reiterated Rating Citigroup Inc. Hold $39.00 to $44.00
2015-01-08 Boost Price Target Jefferies Group Hold $36.00 to $41.00
2014-12-10 Upgrade BMO Capital Markets Market Perform to Outperform $47.00
2014-12-09 Lower Price Target Bank of America Neutral $43.00 to $42.00
2014-10-28 Reiterated Rating Citigroup Inc. Neutral $41.00 to $39.00
2014-10-17 Reiterated Rating Citigroup Inc. Neutral $44.00 to $41.00
2014-10-13 Reiterated Rating Barclays Underweight $39.00 to $36.00
2014-10-03 Upgrade ING Group Underperform to Neutral $40.00
2014-10-02 Upgrade Bank of America Underperform to Neutral $40.00
2014-09-09 Reiterated Rating Macquarie Neutral $44.00 to $43.00
2014-09-03 Initiated Coverage BMO Capital Markets Market Perform $39.00
2014-07-25 Reiterated Rating Barclays Underweight $36.00 to $39.00
2014-07-11 Boost Price Target Jefferies Group Hold $37.00 to $39.00
2014-04-11 Reiterated Rating Citigroup Inc. Neutral $42.00 to $44.00
2014-04-09 Initiated Coverage Credit Suisse Neutral $44.00
2014-01-22 Downgrade Barclays Equal Weight to Underweight $3.00 to $39.00
2013-10-28 Lower Price Target Jefferies Group Hold $39.00 to $37.00
2013-10-25 Lower Price Target Robert W. Baird Neutral $44.00 to $40.00
2012-05-04 Downgrade Longbow Neutral to Sell $25
2011-02-03 Upgrade KeyBanc Capital Mkts Hold to Buy $38
2010-08-18 Initiated Jefferies Hold $33
2008-10-29 Upgrade Longbow Sell to Neutral
2008-07-30 Reiterated Longbow Sell $20 to $21
2008-06-16 Downgrade Longbow Neutral to Sell $20
2008-03-10 Reiterated Lehman Brothers Overweight $34 to $32
2008-02-29 Initiated Longbow Neutral
2016-07-12 Initiated Coverage SunTrust Banks Inc. Buy $60.00
2016-06-10 Reiterated Rating BMO Capital Markets Hold
2016-06-02 Reiterated Rating Goldman Sachs Hold
2016-06-02 Reiterated Rating Goldman Sachs Group Inc. Hold
2016-05-18 Reiterated Rating Deutsche Bank Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Austen William F. Vice President 0.23%  (230406) BMS / TNC /
THEISEN HENRY J President & CEO 0.19%  (189170) BMS /
MILLER MELANIE E R Vice President 0.10%  (95901) BMS /
MANGANELLO TIMOTHY 0.09%  (88013) BMS / DLPH / ZEP /
Ransom James W Vice President 0.08%  (75401) BMS /
HAFFNER DAVID S 0.05%  (51967) BMS / LEG /
Edison Sheri H. General Counsel 0.05%  (48877) AKS / BMS /
O SHAUGHNESSY ROGER D 0.05%  (47665) BMS /
Krempa Jerry S. Vice President 0.05%  (46691) BMS /
WEAVER PHILIP G 0.04%  (38730) BMS /
PEERCY PAUL S 0.03%  (32314) BMS / SOFO /
Van Deursen Holly 0.03%  (30524) ATU / BMS / CPST /
MANSFIELD WILLIAM L 0.03%  (29090) AXLL / BMS / TGI /
CLAUER MICHAEL B Vice President 0.02%  (23521) BMS /
Ullem Scott B. Vice President and CFO 0.02%  (22594) BERY / BMS / EW /
Floto Ronald J 0.02%  (20275) BMS /
NAYAR ARUN 0.02%  (19201) BMS / TYC /
JACKSON WILLIAM E Vice President 0.02%  (18568) BMS /
SZCZUPAK DAVID T 0.02%  (16575) BMS / WHR /
JOHNSON BARBARA L 0.02%  (16315) BMS /
Fliss Timothy S. Vice President 0.01%  (14847) BMS /
PERRY EDWARD N 0.01%  (10911) BMS /
Gulfo Adele M. 0.01%  (10614) BMS /
BOLTON WILLIAM J 0.01%  (10000) BMS /
Doyle Katherine C. 0.01%  (5676) ABT / BMS /

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