QUADNYSECommercial PrintingFiscal year ends December 31
Quad/Graphics, Inc.
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$9.27−0.18 (-1.90%)
Close on Oct 19, 2026
- Market cap
- $459.79M
- P/E (TTM)
- 17.2
- Dividend yield
- 3.24%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
41.3%
21M of 51M shares
Institutional holders
146
13 new, 14 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Delaware Charter Guarantee & Trust Company dba Principal Trust Company as Directed Trustee for the Quad/Graphics ESOP IRS No | 2,575,099 | 6.62% | 13G (passive) amendment | Sep 30, 2024 |
| BlackRock, Inc. | 2,177,890 | 5.80% | 13G (passive) amendment | Dec 31, 2023 |
| Quad/Graphics, Inc. Voting Trust | 12,286,914 | 24.00% | 13G (passive) amendment | Dec 31, 2024 |
| Miller Value Partners, LLC | 0 | 5.93% | 13G (passive) amendment | Jul 24, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of QUAD | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Miller Value Partners, LLC | 2,538,299 | 4.93% | $21.40M | −112,740 | 5.06% |
| BlackRock, Inc. | 2,290,195 | 4.45% | $19.31M | +269,378 | 0.00% |
| Lsv Asset Management | 1,373,491 | 2.67% | $11.58K | +39,790 | 0.02% |
| Vanguard Capital Management LLC | 1,303,331 | 2.53% | $10.99M | −83,789 | 0.00% |
| Dimensional Fund Advisors LP | 1,194,489 | 2.32% | $10.07M | +59,050 | 0.00% |
| Hotchkis & Wiley Capital Management LLC | 1,053,640 | 2.05% | $8.88M | +32,110 | 0.03% |
| Geode Capital Management, LLC | 773,412 | 1.50% | $6.52M | +80,895 | 0.00% |
| Renaissance Technologies LLC | 672,900 | 1.31% | $5.67M | −49,500 | 0.01% |
| State Street Corp | 637,466 | 1.24% | $5.37M | +4,305 | 0.00% |
| Great Valley Advisor Group, Inc. | 622,325 | 1.21% | $5.25M | +1,000 | 0.08% |
| O'Shaughnessy Asset Management, LLC | 460,731 | 0.90% | $3.88M | +93,001 | 0.02% |
| Bank of New York Mellon Corp | 415,952 | 0.81% | $3.51M | +13,014 | 0.00% |
| D. E. Shaw & Co., Inc. | 407,059 | 0.79% | $3.43M | −48,068 | 0.00% |
| Arrowstreet Capital, Limited Partnership | 318,047 | 0.62% | $2.68M | −142,405 | 0.00% |
| Heartland Advisors Inc | 300,000 | 0.58% | $2.53M | – | 0.11% |
| Inspire Investing, LLC | 292,680 | 0.57% | $2.47M | +39,793 | 0.10% |
| Segall Bryant & Hamill, LLC | 289,655 | 0.56% | $2.44M | −20,496 | 0.03% |
| Ritholtz Wealth Management | 287,918 | 0.56% | $2.43M | +20,854 | 0.04% |
| Vanguard Portfolio Management LLC | 286,992 | 0.56% | $2.42M | +76,697 | 0.00% |
| Zacks Investment Management | 273,149 | 0.53% | $2.30M | +22,062 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 146 | 21M | 41.3% | 13 / 69 | 41 / 14 | 2M | 1M |
| Q1 2026 | 150 | 21M | 40.8% | 27 / 51 | 44 / 12 | 3M | 2M |
| Q4 2025 | 139 | 21M | 41.6% | 15 / 48 | 47 / 14 | 1M | 1M |
| Q3 2025 | 140 | 21M | 41.2% | 18 / 42 | 55 / 13 | 2M | 2M |
| Q2 2025 | 135 | 21M | 41.1% | 15 / 56 | 42 / 13 | 2M | 2M |
| Q1 2025 | 133 | 21M | 41.1% | 19 / 50 | 37 / 18 | 2M | 2M |
| Q4 2024 | 133 | 21M | 40.4% | 33 / 49 | 30 / 11 | 3M | 1M |
| Q3 2024 | 111 | 19M | 37.1% | 13 / 48 | 20 / 20 | 4M | 2M |
| Q2 2024 | 119 | 19M | 37.5% | 19 / 40 | 33 / 8 | 2M | 2M |
| Q1 2024 | 108 | 19M | 37.4% | 17 / 33 | 35 / 8 | 2M | 1M |
| Q4 2023 | 100 | 18M | 35.0% | 10 / 38 | 33 / 11 | 1M | 1M |
| Q3 2023 | 101 | 17M | 33.8% | 24 / 30 | 24 / 13 | 2M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of QUAD | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 924,833 | 1.80% | $7.80M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 846,216 | 1.64% | $7.13M | 0.01% | Jun 30, 2026 |
| Miller Income Fund | 472,800 | 0.92% | $3.99M | 2.31% | Jun 30, 2026 |
| Hotchkis and Wiley Small Cap Value Fund | 401,000 | 0.78% | $3.38M | 0.42% | Jun 30, 2026 |
| American Beacon Small Cap Value Fund | 353,275 | 0.69% | $3.67M | 0.10% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 340,187 | 0.66% | $2.87M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 331,294 | 0.64% | $3.44M | 0.01% | Jul 31, 2026 |
| Heartland Value Fund | 300,000 | 0.58% | $2.53M | 0.22% | Jun 30, 2026 |
| Inspire Fidelis Multi Factor ETF | 280,747 | 0.55% | $2.09M | 1.04% | May 31, 2026 |
| LSV Small Cap Value Fund | 265,501 | 0.52% | $2.76M | 0.39% | Jul 31, 2026 |
| U.S. Micro Cap Portfolio | 259,257 | 0.50% | $2.69M | 0.03% | Jul 31, 2026 |
| Miller Value Partners Appreciation ETF | 231,842 | 0.45% | $1.95M | 2.79% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 212,565 | 0.41% | $1.79M | 0.01% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 162,874 | 0.32% | $1.21M | 0.00% | May 31, 2026 |
| WisdomTree U.S. SmallCap Dividend Fund | 162,178 | 0.32% | $1.37M | 0.06% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| J. Joel Quadracci | Chairman & CEO, Director | 2,787,687 | 5.42% | Mar 3, 2026 |
| Donald M. McKenna | EVP, Chief Administrative Ofcr | 163,343 | 0.32% | Aug 4, 2026 |
| Robert H. Quadracci | Chief Human Resources Officer | 167,329 | 0.33% | Mar 3, 2026 |
| Julie A. Currie | EVP and Chief Revenue Officer | 175,638 | 0.34% | Mar 3, 2026 |
| Kelly A. Vanderboom | EVP Head of Agency Operations | 321,385 | 0.62% | Mar 3, 2026 |
| Anne M. Bauer | VP, Chief Accounting Officer | 53,620 | 0.10% | Mar 3, 2026 |
| Steven D. Jaeger | Chief Information Officer | 132,036 | 0.26% | Mar 3, 2026 |
| Anthony Staniak | CFO & Treasurer | 388,118 | 0.75% | Mar 3, 2026 |
| David J. Honan | Pres & Chief Operating Officer | 757,931 | 1.47% | Mar 3, 2026 |
| Dana B. Gruen | General Counsel & Corp Sec | 206,973 | 0.40% | Mar 3, 2026 |
| Timothy Vincent Maleeny | Client Strat Ofcr & Pres QAS | 89,284 | 0.17% | Jan 5, 2026 |
| Joshua J. Golden | Chief Marketing Officer | 157,469 | 0.31% | Jan 5, 2026 |
| Eric N. Ashworth | EVP Product & Market Strategy | 222,195 | 0.43% | Mar 4, 2025 |
| Melanie Arlene Huet | Director | 58,750 | 0.11% | Aug 4, 2026 |
| John C. Fowler | Director | 266,520 | 0.52% | Aug 4, 2026 |
| Kathryn Quadracci Flores | Director | 110,037 | 0.21% | May 28, 2026 |
| Douglas P. Buth | Director | 165,950 | 0.32% | May 22, 2026 |
| Christopher B. Harned | Director | 852,993 | 1.66% | May 22, 2026 |
| Stephen M. Fuller | Director | 225,503 | 0.44% | May 22, 2026 |
| Jay O. Rothman | Director | 218,852 | 0.43% | May 22, 2026 |
| Beth-Ann Eason | Director | 86,321 | 0.17% | May 22, 2026 |
| John S. Shiely | Director | 227,973 | 0.44% | Feb 25, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Melanie Arlene Huet Director | Jul 31, 2026 | Returned to company | −28,543 | $9.99 | $285.14K | 58,750 |
| John C. Fowler Director | Jul 31, 2026 | Returned to company | −26,000 | $9.86 | $256.36K | 245,104 |
| Donald M. McKenna EVP, Chief Administrative Ofcr | Jul 31, 2026 | Returned to company | −12,289 | $9.84 | $120.92K | 162,779 |
| Kathryn Quadracci Flores Director | May 27, 2026 | Returned to company | −9,692 | $7.40 | $71.72K | 74,313 |
| Kathryn Quadracci Flores Director | May 26, 2026 | Returned to company | −17,735 | $7.25 | $128.58K | 84,005 |
| Douglas P. Buth Director | May 20, 2026 | Award | +19,178 | – | – | 165,950 |
| Stephen M. Fuller Director | May 20, 2026 | Award | +19,178 | – | – | 225,503 |
| Melanie Arlene Huet Director | May 20, 2026 | Award | +19,178 | – | – | 86,725 |
| Jay O. Rothman Director | May 20, 2026 | Award | +19,178 | – | – | 218,852 |
| Kathryn Quadracci Flores Director | May 20, 2026 | Award | +19,178 | – | – | 101,740 |
| John C. Fowler Director | May 20, 2026 | Award | +19,178 | – | – | 268,220 |
| Christopher B. Harned Director | May 20, 2026 | Award | +19,178 | – | – | 300,533 |
| Beth-Ann Eason Director | May 20, 2026 | Award | +19,178 | – | – | 86,321 |
| Beth-Ann Eason Director | May 1, 2026 | Returned to company | −30,738 | $8.28 | $254.51K | 67,143 |
| Kathryn Quadracci Flores Director | May 1, 2026 | Returned to company | −7,675 | $8.30 | $63.70K | 82,562 |
| Kathryn Quadracci Flores Director | Mar 6, 2026 | Returned to company | −10,655 | $6.65 | $70.86K | 89,363 |
| Steven D. Jaeger Chief Information Officer | Mar 2, 2026 | Returned to company | −8,205 | $6.84 | $56.12K | 130,148 |
| David J. Honan Pres & Chief Operating Officer | Mar 1, 2026 | Award | +38,820 | – | – | 736,321 |
| David J. Honan Pres & Chief Operating Officer | Mar 1, 2026 | Tax withholding | −73,557 | $6.91 | $508.28K | 697,501 |
| Steven D. Jaeger Chief Information Officer | Mar 1, 2026 | Tax withholding | −10,423 | $6.91 | $72.02K | 138,353 |
| Robert H. Quadracci Chief Human Resources Officer | Mar 1, 2026 | Tax withholding | −2,862 | $6.91 | $19.78K | 165,401 |
| Robert H. Quadracci Chief Human Resources Officer | Mar 1, 2026 | Tax withholding | −4,883 | $6.91 | $33.74K | 168,263 |
| Anne M. Bauer VP, Chief Accounting Officer | Mar 1, 2026 | Tax withholding | −5,526 | $6.91 | $38.18K | 53,281 |
| Dana B. Gruen General Counsel & Corp Sec | Mar 1, 2026 | Tax withholding | −10,508 | $6.91 | $72.61K | 205,847 |
| Dana B. Gruen General Counsel & Corp Sec | Mar 1, 2026 | Tax withholding | −8,694 | $6.91 | $60.08K | 197,153 |
| Julie A. Currie EVP and Chief Revenue Officer | Mar 1, 2026 | Tax withholding | −13,101 | $6.91 | $90.53K | 175,638 |
| Donald M. McKenna EVP, Chief Administrative Ofcr | Mar 1, 2026 | Tax withholding | −20,122 | $6.91 | $139.04K | 175,068 |
| J. Joel Quadracci Chairman & CEO, Director | Mar 1, 2026 | Tax withholding | −176,536 | $6.91 | $1.22M | 2,424,441 |
| Kathryn Quadracci Flores Director | Mar 1, 2026 | Tax withholding | −7,232 | $6.91 | $49.97K | 100,018 |
| Kelly A. Vanderboom EVP Head of Agency Operations | Mar 1, 2026 | Tax withholding | −25,407 | $6.91 | $175.56K | 319,556 |
| Anthony Staniak CFO & Treasurer | Mar 1, 2026 | Tax withholding | −21,463 | $6.91 | $148.31K | 387,498 |
| Douglas P. Buth Director | Feb 23, 2026 | Returned to company | −20,000 | $7.02 | $140.40K | 146,013 |
| Donald M. McKenna EVP, Chief Administrative Ofcr | Feb 20, 2026 | Returned to company | −7,927 | $7.03 | $55.73K | 195,190 |
| Kathryn Quadracci Flores Director | Feb 20, 2026 | Returned to company | −11,633 | $6.74 | $78.41K | 107,250 |
| Donald M. McKenna EVP, Chief Administrative Ofcr | Feb 1, 2026 | Award | +16,695 | – | – | 203,117 |
| Anthony Staniak CFO & Treasurer | Jan 1, 2026 | Award | +114,992 | – | – | 408,961 |
| Timothy Vincent Maleeny Client Strat Ofcr & Pres QAS | Jan 1, 2026 | Award | +51,108 | – | – | 89,284 |
| Donald M. McKenna EVP, Chief Administrative Ofcr | Jan 1, 2026 | Award | +42,590 | – | – | 186,422 |
| Steven D. Jaeger Chief Information Officer | Jan 1, 2026 | Award | +25,554 | – | – | 148,776 |
| Joshua J. Golden Chief Marketing Officer | Jan 1, 2026 | Award | +42,590 | – | – | 157,469 |
| Kelly A. Vanderboom EVP Head of Agency Operations | Jan 1, 2026 | Award | +76,661 | – | – | 344,963 |
| Anne M. Bauer VP, Chief Accounting Officer | Jan 1, 2026 | Award | +11,500 | – | – | 58,807 |
| Dana B. Gruen General Counsel & Corp Sec | Jan 1, 2026 | Award | +76,661 | – | – | 216,355 |
| Kathryn Quadracci Flores Director | Jan 1, 2026 | Award | +11,244 | – | – | 118,883 |
| J. Joel Quadracci Chairman, Pres & CEO, Director | Jan 1, 2026 | Award | +425,895 | – | – | 2,600,977 |
| Robert H. Quadracci Chief Human Resources Officer | Jan 1, 2026 | Award | +46,849 | – | – | 173,146 |
| Julie A. Currie EVP and Chief Revenue Officer | Jan 1, 2026 | Award | +42,590 | – | – | 188,739 |
| David J. Honan Chief Operating Officer | Jan 1, 2026 | Award | +149,064 | – | – | 771,058 |
| Joshua J. Golden Chief Marketing Officer | Nov 20, 2025 | Returned to company | −18,390 | $5.32 | $97.83K | 114,879 |
| Kathryn Quadracci Flores Director | May 28, 2025 | Returned to company | −38,496 | $5.83 | $224.43K | 105,133 |
| Beth-Ann Eason Director | May 21, 2025 | Award | +22,004 | – | – | 95,310 |
| Stephen M. Fuller Director | May 21, 2025 | Award | +22,004 | – | – | 196,373 |
| Kathryn Quadracci Flores Director | May 21, 2025 | Award | +22,004 | – | – | 143,629 |
| Jay O. Rothman Director | May 21, 2025 | Award | +22,004 | – | – | 189,722 |
| Melanie Arlene Huet Director | May 21, 2025 | Award | +22,004 | – | – | 64,563 |
| Douglas P. Buth Director | May 21, 2025 | Award | +22,004 | – | – | 164,201 |
| John C. Fowler Director | May 21, 2025 | Award | +22,004 | – | – | 239,090 |
| Christopher B. Harned Director | May 21, 2025 | Award | +22,004 | – | – | 278,784 |
| Kathryn Quadracci Flores Director | May 16, 2025 | Returned to company | −10,484 | $5.83 | $61.12K | 121,625 |
| Steven D. Jaeger Chief Information Officer | Mar 6, 2025 | Returned to company | −8,357 | $5.77 | $48.22K | 123,222 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Donald M. McKenna Officer | Jul 31, 2026 | 12,289 | $121.42K | Jul 31, 2026 | RSA vesting |
| John C. Fowler Director | Jul 31, 2026 | 26,000 | $256.88K | Jul 31, 2026 | RSU vesting |
| Melanie Arlene Huet Director | Jul 31, 2026 | 28,543 | $282.00K | Jul 31, 2026 | DSU Settlement |
| Kathryn Quadracci Flores Director | May 22, 2026 | 27,427 | $197.20K | May 22, 2026 | DSU Settlement |
| Beth-Ann Eason Director | May 1, 2026 | 30,738 | $228.69K | May 1, 2026 | DSU Settlement |
| Kathryn Quadracci Flores Director | May 1, 2026 | 7,675 | $57.10K | May 1, 2026 | DSU Settlement |
| Kathryn Quadracci Flores Director | Mar 6, 2026 | 10,655 | $73.09K | Mar 6, 2026 | RSA vesting |
| Steven D. Jaeger Officer | Mar 2, 2026 | 8,205 | $56.70K | Mar 2, 2026 | RSA vesting |
| Douglas P. Buth Director | Feb 23, 2026 | 20,000 | $140.60K | Feb 23, 2026 | DSU Settlement |
| Donald M. McKenna Officer | Feb 20, 2026 | 7,927 | $53.67K | Feb 20, 2026 | RSA vesting |
| Kathryn Quadracci Flores Director | Feb 19, 2026 | 11,633 | $78.99K | Feb 20, 2026 | DSU settlement |
| Joshua J. Golden Officer | Nov 20, 2025 | 18,390 | $95.26K | Nov 20, 2025 | Equity compensation |
| Kathryn Quadracci Flores Director | May 22, 2025 | 38,496 | $215.58K | May 22, 2025 | DSU Settlement |
| John S. Shiely Director | May 21, 2025 | 231,074 | $1.37M | May 21, 2025 | DSU Settlement |
| Steven D. Jaeger Officer | Mar 6, 2025 | 8,357 | $50.06K | Mar 6, 2025 | RSA vesting |