Griffon (NYSE:GFF) Issues Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Griffon (NYSE:GFF) announced its quarterly earnings data on Thursday. The conglomerate reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.11, FiscalAI reports. The business had revenue of $649.09 million for the quarter, compared to analysts’ expectations of $618.35 million. Griffon had a return on equity of 228.83% and a net margin of 1.76%.The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.39 EPS.

Here are the key takeaways from Griffon’s conference call:

• Griffon formed a joint venture with ONCAP combining AMES North America with ONCAP’s global tool brands and will receive $100 million cash plus $160 million of second‑lien PIK debt while retaining a 43% ownership stake, with the JV expected to close by the end of June to provide immediate liquidity and a path to unlock longer‑term value.
• Management announced a portfolio reshaping to create a pure‑play North American building products company by combining Hunter Fan into Home & Building Products and pursuing strategic alternatives for AMES Australia and the U.K.; AMES‑related operations will be reported as discontinued starting in Q2 with expected FY‑2026 EBITDA of about $60 million for the discontinued units.
• Q1 operational and capital allocation highlights include $99 million of free cash flow, HBP EBITDA margin of 30.1%, CPP EBITDA up 19%, repurchases of $18 million in the quarter (with $280 million remaining authorization), and a regular quarterly dividend of $0.22 per share.
• Balance sheet and guidance position remain constructive with net debt of $1.26 billion (2.3x leverage after a $60 million Term Loan paydown) and continuing‑operations guidance of $1.8 billion revenue and $520 million adjusted EBITDA, with free cash flow expected to exceed net income.

Griffon Price Performance

NYSE:GFF opened at $94.95 on Friday. Griffon has a 52-week low of $63.92 and a 52-week high of $95.34. The stock has a fifty day moving average of $78.99 and a 200 day moving average of $76.75. The company has a debt-to-equity ratio of 12.36, a quick ratio of 1.34 and a current ratio of 2.55. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 103.21, a P/E/G ratio of 1.30 and a beta of 1.33.

Griffon Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Friday, February 27th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.88 annualized dividend and a yield of 0.9%. Griffon’s dividend payout ratio (DPR) is currently 88.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC increased its position in shares of Griffon by 457.5% in the third quarter. CIBC Private Wealth Group LLC now owns 2,046 shares of the conglomerate’s stock worth $156,000 after purchasing an additional 1,679 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in Griffon in the 3rd quarter worth approximately $312,000. Danske Bank A S bought a new position in shares of Griffon in the 3rd quarter worth $924,000. Advisory Services Network LLC raised its position in shares of Griffon by 5.4% during the 3rd quarter. Advisory Services Network LLC now owns 11,308 shares of the conglomerate’s stock valued at $861,000 after buying an additional 576 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its holdings in shares of Griffon by 1.9% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 36,947 shares of the conglomerate’s stock worth $2,791,000 after acquiring an additional 699 shares during the last quarter. Hedge funds and other institutional investors own 73.22% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Zacks Research raised shares of Griffon from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Robert W. Baird set a $108.00 price objective on shares of Griffon in a research note on Friday. Wall Street Zen upgraded Griffon from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Griffon in a report on Monday, December 29th. Finally, CJS Securities upgraded Griffon to a “strong-buy” rating in a research note on Thursday, December 11th. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Griffon currently has an average rating of “Buy” and a consensus target price of $97.20.

Key Stories Impacting Griffon

Here are the key news stories impacting Griffon this week:

• Positive Sentiment: Q1 results beat consensus — Griffon reported $1.45 EPS vs. $1.34 expected and revenue of $649.1M vs. ~$618M est., showing y/y revenue growth. The beat reinforces near-term earnings momentum. Griffon’s Earnings & Revenues Top Estimates in Q1
• Positive Sentiment: Portfolio refocus announced — Griffon unveiled strategic actions to streamline into a pure-play North American building products company (garage/sectional doors, ceiling fans), a move positioned to improve focus and long-term valuation. Taking Strategic Actions to Maximize Shareholder Value
• Positive Sentiment: JV with ONCAP — Griffon and ONCAP formed a joint venture combining several tool and garden brands (Bellota, Corona, Burgon & Ball), creating scale in professional & consumer products and potentially monetizing non-core assets. ONCAP and Griffon to Form Joint Venture
• Positive Sentiment: Dividend declared — Griffon announced a $0.22 quarterly dividend (record Feb 27, payable Mar 18), signaling cash return to shareholders and confidence in cash flow. (Yield ~1.0%)
• Neutral Sentiment: Earnings call materials available — Management provided a slide deck and earnings call/transcript for deeper details on results and strategy; useful for validating guidance and margins. Q1 Results – Earnings Call Presentation
• Neutral Sentiment: Market commentary notes improving relative price performance — coverage and press outlets highlight the stock’s run but note it remains below some benchmarks; monitor for continued momentum. Griffon shows rising relative price performance
• Neutral Sentiment: FY guidance entry in feeds appears unclear — some wires referenced an updated FY2026 outlook but the published numbers in the feed are garbled; investors should check Griffon’s official release/10-Q for confirmed guidance. (See company press materials.) Griffon Q1 Press Release / Slide Deck
• Negative Sentiment: Profitability & cost pressure — while revenue rose, net income fell to $64.4M from $70.9M a year ago and management cited cost pressures that compressed margins; watch margin recovery and cost actions. Griffon Announces First Quarter Results

About Griffon

Griffon Corporation (NYSE:GFF) is a diversified management and holding company whose subsidiaries design, manufacture and market products for residential, commercial and defense applications. Operating through three primary platforms—Home & Building Products, Defense Electronics and Specialty Industrial—Griffon’s portfolio spans consumer and industrial brands with a focus on long-lived products and recurring aftermarket opportunities.

In the Home & Building Products segment, Griffon’s Clopay Building Products division is a leading North American manufacturer of residential and commercial garage doors, specializing in steel, fiberglass and composite designs as well as decorative carriage-house styles.