Greif (NYSE:GEF – Get Free Report)‘s stock had its “hold” rating reaffirmed by research analysts at Truist Financial in a research note issued to investors on Thursday, Benzinga reports. They presently have a $88.00 price objective on the industrial products company’s stock, down from their previous price objective of $94.00. Truist Financial‘s target price would suggest a potential upside of 15.04% from the stock’s previous close.
Other equities analysts have also recently issued reports about the company. Weiss Ratings restated a “buy (b-)” rating on shares of Greif in a research report on Friday, October 30th. Wells Fargo & Company lowered their price target on Greif from $90.00 to $88.00 and set a “cautious” rating on the stock in a report on Monday, October 19th. Bank of America lowered shares of Greif from a “neutral” rating to an “underperform” rating and set a $70.00 target price for the company. in a research report on Tuesday, July 14th. Wall Street Zen raised shares of Greif from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Raymond James Financial raised shares of Greif from a “market perform” rating to an “outperform” rating and set a $90.00 price target on the stock in a report on Friday, October 16th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $82.20.
Read Our Latest Stock Analysis on Greif
Greif Price Performance
NYSE:GEF traded down $0.20 during mid-day trading on Thursday, hitting $76.50. 78,789 shares of the stock traded hands, compared to its average volume of 263,426. The business’s 50-day moving average price is $82.29 and its 200 day moving average price is $74.67. The company has a market cap of $3.53 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 0.62 and a beta of 0.79. Greif has a 12-month low of $55.90 and a 12-month high of $90.57. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 0.23.
Greif (NYSE:GEF – Get Free Report) last posted its earnings results on Tuesday, November 3rd. The industrial products company reported $0.87 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.25). Greif had a return on equity of 7.73% and a net margin of 5.91%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period last year, the company posted $0.58 EPS. The business’s revenue was up 4.5% on a year-over-year basis. On average, analysts expect that Greif will post 4.80 EPS for the current fiscal year.
Insider Activity at Greif
In related news, CFO Lawrence Hilsheimer sold 21,500 shares of Greif stock in a transaction on Friday, August 7th. The shares were sold at an average price of $88.66, for a total value of $1,906,190.00. Following the sale, the chief financial officer owned 25,825 shares in the company, valued at $2,289,644.50. The trade was a 45.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Timothy Bergwall sold 2,000 shares of the business’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $81.82, for a total transaction of $163,640.00. Following the transaction, the senior vice president owned 51,832 shares in the company, valued at $4,240,894.24. This represents a 3.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 29,646 shares of company stock worth $2,621,436 in the last 90 days. Company insiders own 7.70% of the company’s stock.
Hedge Funds Weigh In On Greif
A number of hedge funds have recently bought and sold shares of GEF. Rockefeller Capital Management L.P. increased its holdings in Greif by 33.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 689 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 172 shares in the last quarter. Pinnacle Wealth Planning Services Inc. boosted its position in shares of Greif by 268.3% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,300 shares of the industrial products company’s stock worth $103,000 after purchasing an additional 947 shares during the period. Wedbush Securities Inc. purchased a new stake in shares of Greif in the second quarter worth $218,000. Lido Advisors LLC purchased a new stake in shares of Greif in the third quarter worth $227,000. Finally, Vise Technologies Inc. bought a new stake in shares of Greif during the 3rd quarter valued at $229,000. Institutional investors own 45.74% of the company’s stock.
Key Greif News
Here are the key news stories impacting Greif this week:
- Positive Sentiment: Greif raised its annual run-rate cost-savings target to $150 million and reported a year-end leverage ratio of 1.2 times, which could support profitability and strengthen its balance sheet. Greif: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Fiscal Q4 revenue rose 4.5% year over year to $1.14 billion, topping analysts’ expectations of $1.11 billion. Greif also declared a quarterly dividend of $0.62 per share, equivalent to $2.48 annually. Greif Reports Fourth Quarter and Fiscal 2026 Results
- Neutral Sentiment: Greif was named to America’s Top 100 Most Loved Workplaces for the sixth consecutive year, a recognition that may support its employer reputation but has limited direct financial impact. Greif Named Top 100 Most Loved Workplace
- Negative Sentiment: Adjusted Q4 earnings per share were $0.87, below the $1.12 analyst consensus. Reports pointed to higher costs squeezing margins, which may overshadow the revenue beat and contribute to pressure on GEF shares. Greif Q4 Earnings Miss Estimates on Higher Costs, Sales Beat
Greif Company Profile
Greif, Inc is a global producer of industrial and paper packaging products and related services. The company manufactures and supplies fiber, steel and plastic drums; intermediate bulk containers; containerboard; corrugated sheets and products; and other packaging solutions for customers in a range of industries.
Greif also provides packaging lifecycle services, including container reconditioning, recycling, logistics and related customer support. Its products are used to package and transport food and beverage ingredients, chemicals, petroleum products, agricultural materials, pharmaceuticals and other industrial goods.
Founded in 1877 as a cooperage business, Greif has expanded into a multinational packaging company serving customers across North America, Europe and other international markets.
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