Pangaea Logistics Solutions Ltd.(PANL)Stock Analysis
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This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
PANL Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Pangaea Logistics Solutions Ltd. (PANL), a Industrials sector company. PANL is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), Pangaea Logistics Solutions Ltd. reports quarterly revenue of $170.6M, net income of $13.3M, an operating margin of 6.1%. Top institutional holders of PANL by reported 13-F value include ROCKLAND CO, DIMENSIONAL FUND ADVISORS, BlackRock,, based on the most recent SEC filings. PANL trades on the Nasdaq exchange and files with the SEC under CIK 1606909. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PANL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Pangaea Logistics Solutions Ltd. directly from SEC EDGAR. Pangaea Logistics Solutions Ltd.'s 13F Pro composite quality score has ranged between 34 and 68 since 2023, currently 45.2 — a declining long-term trajectory across 10 quarterly and live scoring snapshots.
Revenue
Q1 2026
$170.6M
Net Income
Q1 2026
$13.3M
Free Cash Flow
Q1 2026
$4.5M
Operating Margin
Q1 2026
6.1%
ROIC
Q1 2026
1.5%
D/E Ratio
Q1 2026
0.55
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+17.8% YoYNet Income
-33.0% YoYOperating Income
-15.5% YoYEPS (Diluted)
-52.4% YoYTotal Assets
-0.9% YoYTotal Debt
-2.9% YoYOp. Cash Flow
-18.2% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $632.0M +17.8% | $536.5M +7.5% | $499.3M -30.5% | $718.1M +87.5% | $382.9M -7.1% | $412.2M |
| Net Income | $19.4M -33.0% | $28.9M +9.8% | $26.3M -60.8% | $67.2M +492.2% | $11.4M -2.6% | $11.7M |
| Operating Income | $40.9M -15.5% | $48.4M +8.6% | $44.6M -43.4% | $78.9M +300.4% | $19.7M -15.3% | $23.3M |
| EPS (Diluted) | $0.30 -52.4% | $0.63 +8.6% | $0.58 -61.3% | $1.50 +476.9% | $0.26 -3.7% | $0.27 |
| Total Assets | $928.1M -0.9% | $936.5M +32.8% | $705.2M -0.3% | $707.0M +57.0% | $450.4M -6.1% | $479.9M |
| Total Debt | $249.6M -2.9% | $257.2M +41.3% | $182.1M +33.2% | $136.7M -15.9% | $162.5M +25.4% | $129.6M |
| Operating Cash Flow | $53.7M -18.2% | $65.7M +22.1% | $53.8M -12.9% | $61.7M +196.3% | $20.8M -53.1% | $44.5M |
AI Insight: PANL Financial Trends
Revenue growth sustained but profitability inflated by Q4 2025 one-time gains; operating cash flow deteriorating despite higher earnings.
• Revenue climbed 30% from Q2 2024 ($131M) to Q1 2026 ($171M), with Q3–Q4 2025 reaching $169M–$184M.
• Net income swung from losses in Q1–Q2 2025 (−$2M, −$3M) to $12M–$13M in Q3 2025–Q1 2026.
• Operating cash flow collapsed to $4M in Q1 2026 from $29M in Q3 2025, despite $13M net income.
⚠ Operating income fell to $10M in Q1 2026 from $17M in Q3–Q4 2025; margin compression amid seasonal revenue dip.
⚠ Total debt stable at $243M–$256M (Q3 2025–Q1 2026), but debt-to-equity ratio rising: 0.31x (Q2 2024) to 0.55x (Q1 2026).
AI Insight: PANL Ratio Trends
Profitability collapsed in mid-2025, recovered sharply in Q3–Q4, but Q1 2026 shows margin compression despite strong ROE and NPM expansion.
• NPM swung from -1.8% in Q2 2025 to 7.8% in Q1 2026, highest in dataset; ROE improved from -2.6% to 12.1% over same period.
• OpMargin fell to 2.3–2.4% in Q1–Q2 2025, rebounded to 9.5–10.0% in Q3–Q4 2025, then compressed to 6.1% in Q1 2026.
• ROIC peaked at 12.4% in Q3 2024, dropped to 1.7% in Q1 2025, recovered to 10.3% in Q4 2025, then fell to 6.1% in Q1 2026.
⚠ Q1 2026 OpMargin decline to 6.1% from 9.5% in Q4 2025 despite strong NPM—potential seasonal weakness or operational headwind.
⚠ Debt-to-equity stabilized near 0.55–0.61 range; leverage ticked down to 0.55 in Q1 2026 from 0.60 average in late 2024.
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Top Institutional Holders of PANL
ROCKLAND TRUST CO
$33.7M4,766,941 shDIMENSIONAL FUND ADVISORS LP
$20.4M2,884,470 shBlackRock, Inc.
$15.9M2,243,917 shCable Car Capital, LP
$6.2M870,000 shMILLENNIUM MANAGEMENT LLC
$5.9M834,048 shGEODE CAPITAL MANAGEMENT, LLC
$5.6M787,814 shRENAISSANCE TECHNOLOGIES LLC
$5.3M746,100 shBRIDGEWAY CAPITAL MANAGEMENT, LLC
$5.0M709,452 shTWO SIGMA INVESTMENTS, LP
$4.5M636,878 shSTATE STREET CORP
$4.3M612,336 sh
| Fund | Value | Shares |
|---|---|---|
| ROCKLAND TRUST CO | $33.7M | 4,766,941 |
| DIMENSIONAL FUND ADVISORS LP | $20.4M | 2,884,470 |
| BlackRock, Inc. | $15.9M | 2,243,917 |
| Cable Car Capital, LP | $6.2M | 870,000 |
| MILLENNIUM MANAGEMENT LLC | $5.9M | 834,048 |
| GEODE CAPITAL MANAGEMENT, LLC | $5.6M | 787,814 |
| RENAISSANCE TECHNOLOGIES LLC | $5.3M | 746,100 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $5.0M | 709,452 |
| TWO SIGMA INVESTMENTS, LP | $4.5M | 636,878 |
| STATE STREET CORP | $4.3M | 612,336 |
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Popular Research
Is PANL a good stock to buy?
13F Pro's AI-powered analysis of Pangaea Logistics Solutions Ltd. (PANL) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PANL are available on the PANL stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own PANL?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PANL. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Pangaea Logistics Solutions Ltd.'s investment landscape.