Greif, Inc. (NYSE:GEF – Free Report) – Investment analysts at Zacks Research decreased their FY2025 earnings estimates for Greif in a report issued on Tuesday, July 1st. Zacks Research analyst M. Das now expects that the industrial products company will earn $3.81 per share for the year, down from their prior estimate of $3.82. The consensus estimate for Greif’s current full-year earnings is $4.11 per share. Zacks Research also issued estimates for Greif’s Q4 2026 earnings at $1.49 EPS.
A number of other research firms have also weighed in on GEF. Truist Financial cut their target price on shares of Greif from $65.00 to $56.00 and set a “hold” rating on the stock in a research note on Tuesday, April 22nd. Wells Fargo & Company cut their target price on shares of Greif from $75.00 to $67.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 3rd. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Greif has an average rating of “Moderate Buy” and an average price target of $74.17.
Greif Stock Up 0.1%
GEF stock opened at $69.73 on Friday. The company’s 50 day moving average price is $59.66 and its 200 day moving average price is $58.36. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.96 and a current ratio of 1.27. Greif has a fifty-two week low of $48.23 and a fifty-two week high of $73.16. The firm has a market capitalization of $3.31 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 1.76 and a beta of 0.99.
Greif (NYSE:GEF – Get Free Report) last released its earnings results on Wednesday, June 4th. The industrial products company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.11. Greif had a net margin of 3.74% and a return on equity of 10.21%. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the prior year, the firm earned $0.82 earnings per share. The business’s quarterly revenue was up 1.1% compared to the same quarter last year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of GEF. Deprince Race & Zollo Inc. purchased a new position in shares of Greif in the 4th quarter valued at $46,279,000. Point72 Asset Management L.P. grew its position in shares of Greif by 7,222.6% in the 4th quarter. Point72 Asset Management L.P. now owns 233,370 shares of the industrial products company’s stock valued at $14,264,000 after buying an additional 230,183 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Greif by 54.2% in the 1st quarter. AQR Capital Management LLC now owns 366,449 shares of the industrial products company’s stock valued at $20,015,000 after buying an additional 128,880 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Greif in the 4th quarter valued at $7,473,000. Finally, Norges Bank purchased a new position in shares of Greif in the 4th quarter valued at $4,219,000. 45.74% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, SVP Kimberly Anne Kellermann sold 9,000 shares of the stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $67.88, for a total value of $610,920.00. Following the transaction, the senior vice president directly owned 3,548 shares of the company’s stock, valued at $240,838.24. This trade represents a 71.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Ole G. Rosgaard sold 30,000 shares of the stock in a transaction on Monday, June 9th. The shares were sold at an average price of $65.75, for a total transaction of $1,972,500.00. Following the completion of the transaction, the chief executive officer directly owned 97,464 shares in the company, valued at $6,408,258. This trade represents a 23.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 59,031 shares of company stock worth $3,985,590 over the last ninety days. Insiders own 7.60% of the company’s stock.
Greif Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 17th were given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date was Tuesday, June 17th. Greif’s dividend payout ratio (DPR) is 60.85%.
About Greif
Greif, Inc engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging & Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries.
Featured Stories
- Five stocks we like better than Greif
- What is Insider Trading? What You Can Learn from Insider Trading
- 3 Defense Leaders Set to Gain From Rising Military Spend
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Why the Schwab Dividend ETF Rallied—and Can It Keep Climbing?
- How to Use the MarketBeat Excel Dividend Calculator
- MarketBeat Week in Review – 06/30 – 07/04
Receive News & Ratings for Greif Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greif and related companies with MarketBeat.com's FREE daily email newsletter.