Greif (NYSE:GEF) EVP Sells $209,385.77 in Stock

Greif, Inc. (NYSE:GEF) EVP Bala Sathyanarayanan sold 2,731 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $76.67, for a total value of $209,385.77. Following the completion of the transaction, the executive vice president directly owned 34,076 shares of the company’s stock, valued at approximately $2,612,606.92. The trade was a 7.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Bala Sathyanarayanan also recently made the following trade(s):

• On Monday, February 9th, Bala Sathyanarayanan acquired 1,819 shares of Greif stock. The shares were acquired at an average price of $87.22 per share, for a total transaction of $158,653.18.
• On Thursday, February 5th, Bala Sathyanarayanan acquired 1,811 shares of Greif stock. The stock was acquired at an average price of $88.10 per share, with a total value of $159,549.10.
• On Thursday, February 5th, Bala Sathyanarayanan sold 10,838 shares of Greif stock. The stock was sold at an average price of $74.90, for a total transaction of $811,766.20.
• On Tuesday, February 3rd, Bala Sathyanarayanan sold 2,499 shares of Greif stock. The shares were sold at an average price of $72.29, for a total transaction of $180,652.71.
• On Tuesday, February 3rd, Bala Sathyanarayanan purchased 100 shares of Greif stock. The stock was bought at an average price of $87.69 per share, with a total value of $8,769.00.
• On Wednesday, February 4th, Bala Sathyanarayanan acquired 200 shares of Greif stock. The shares were bought at an average price of $89.22 per share, for a total transaction of $17,844.00.
• On Wednesday, December 10th, Bala Sathyanarayanan sold 7,000 shares of Greif stock. The stock was sold at an average price of $66.62, for a total transaction of $466,340.00.

Greif Price Performance

GEF stock opened at $74.37 on Friday. The stock has a 50-day moving average price of $71.68 and a two-hundred day moving average price of $65.43. Greif, Inc. has a 1 year low of $48.23 and a 1 year high of $77.14. The stock has a market cap of $3.44 billion, a PE ratio of 27.55, a price-to-earnings-growth ratio of 0.58 and a beta of 0.96. The company has a current ratio of 1.23, a quick ratio of 0.93 and a debt-to-equity ratio of 0.23.

Greif (NYSE:GEF) last issued its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.21). The firm had revenue of $994.80 million during the quarter, compared to the consensus estimate of $1.02 billion. Greif had a net margin of 7.52% and a return on equity of 8.46%. The business’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.39 earnings per share. Equities analysts forecast that Greif, Inc. will post 4.11 EPS for the current fiscal year.

Greif Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 1st. Stockholders of record on Thursday, December 18th were paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Thursday, December 18th. Greif’s dividend payout ratio (DPR) is currently 82.96%.

Institutional Investors Weigh In On Greif

Several hedge funds have recently bought and sold shares of the company. Thrivent Financial for Lutherans increased its position in Greif by 0.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 899,137 shares of the industrial products company’s stock worth $60,872,000 after buying an additional 3,793 shares during the last quarter. Deprince Race & Zollo Inc. increased its holdings in shares of Greif by 10.5% during the 4th quarter. Deprince Race & Zollo Inc. now owns 837,742 shares of the industrial products company’s stock worth $56,715,000 after acquiring an additional 79,813 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Greif by 0.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 567,333 shares of the industrial products company’s stock worth $38,408,000 after acquiring an additional 1,455 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Greif by 75.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 524,603 shares of the industrial products company’s stock valued at $31,352,000 after acquiring an additional 225,659 shares during the period. Finally, Medina Value Partners LLC lifted its holdings in Greif by 19.3% during the 3rd quarter. Medina Value Partners LLC now owns 372,250 shares of the industrial products company’s stock valued at $22,246,000 after purchasing an additional 60,338 shares during the last quarter. 45.74% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Zacks Research raised shares of Greif from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Robert W. Baird set a $75.00 price objective on shares of Greif in a research note on Thursday, January 29th. Truist Financial lifted their target price on Greif from $71.00 to $79.00 and gave the company a “hold” rating in a research report on Tuesday, January 6th. Wall Street Zen upgraded Greif from a “sell” rating to a “hold” rating in a report on Saturday, December 6th. Finally, Wells Fargo & Company raised their price target on Greif from $73.00 to $76.00 and gave the company an “equal weight” rating in a research note on Thursday. Six research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $75.25.

Greif Company Profile

Greif, Inc is a global leader in industrial packaging products and services, with a history dating back to its founding in 1877. Headquartered in Cleveland, Ohio, the company has evolved from a regional barrel and drum manufacturer into a diversified packaging provider serving a wide range of end markets. Greif’s longstanding heritage in container solutions has positioned it as a trusted partner for customers seeking reliable, high-quality packaging options.

The company’s core business revolves around the design, manufacture and sale of industrial packaging products, including steel, plastic and fiber drums; intermediate bulk containers (IBCs); safety closures; rigid, flexible and reconditioned packaging; containerboard and protective packaging.