Greenbrier Companies, Inc. (The) $GBX Shares Sold by Corebridge Financial Inc.

Corebridge Financial Inc. decreased its stake in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 1.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,044 shares of the transportation company’s stock after selling 317 shares during the quarter. Corebridge Financial Inc. owned approximately 0.05% of Greenbrier Companies worth $822,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Versant Capital Management Inc grew its position in shares of Greenbrier Companies by 44.7% in the first quarter. Versant Capital Management Inc now owns 690 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 213 shares during the period. Fox Run Management L.L.C. grew its position in shares of Greenbrier Companies by 2.1% in the first quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company’s stock valued at $833,000 after purchasing an additional 327 shares during the period. US Bancorp DE grew its position in shares of Greenbrier Companies by 111.1% in the first quarter. US Bancorp DE now owns 1,121 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 590 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Greenbrier Companies by 10.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,883 shares of the transportation company’s stock worth $455,000 after buying an additional 846 shares in the last quarter. Finally, Corton Capital Inc. lifted its stake in shares of Greenbrier Companies by 23.1% in the first quarter. Corton Capital Inc. now owns 5,574 shares of the transportation company’s stock worth $286,000 after buying an additional 1,046 shares in the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Price Performance

Shares of GBX stock opened at $47.10 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82. The firm’s 50-day moving average is $48.30 and its two-hundred day moving average is $47.89. Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The company has a market capitalization of $1.45 billion, a PE ratio of 6.67, a price-to-earnings-growth ratio of 1.56 and a beta of 1.72.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Tuesday, July 1st. The transportation company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.87. The company had revenue of $842.70 million for the quarter, compared to the consensus estimate of $785.72 million. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.56%. Greenbrier Companies’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.06 earnings per share. Greenbrier Companies has set its FY 2025 guidance at EPS. Analysts predict that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were issued a $0.32 dividend. The ex-dividend date was Thursday, July 17th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.7%. Greenbrier Companies’s payout ratio is 18.13%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on GBX shares. Wall Street Zen raised shares of Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research note on Friday. Susquehanna raised their price target on shares of Greenbrier Companies from $52.00 to $57.00 and gave the stock a “positive” rating in a research note on Wednesday, July 2nd. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $59.50.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, Director James R. Huffines acquired 2,500 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The stock was purchased at an average price of $44.84 per share, for a total transaction of $112,100.00. Following the completion of the acquisition, the director owned 13,909 shares of the company’s stock, valued at approximately $623,679.56. This trade represents a 21.91% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas B. Fargo sold 3,727 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total transaction of $204,873.19. Following the completion of the transaction, the director owned 2,141 shares of the company’s stock, valued at $117,690.77. This trade represents a 63.51% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,379 shares of company stock worth $595,213. 1.78% of the stock is currently owned by company insiders.

Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.