Medina Value Partners LLC Purchases 60,338 Shares of Greif, Inc. $GEF

Medina Value Partners LLC raised its stake in Greif, Inc. (NYSE:GEF) by 19.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 372,250 shares of the industrial products company’s stock after purchasing an additional 60,338 shares during the period. Greif comprises 5.2% of Medina Value Partners LLC’s investment portfolio, making the stock its 5th biggest position. Medina Value Partners LLC’s holdings in Greif were worth $22,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. raised its stake in shares of Greif by 36.2% during the 3rd quarter. Blue Trust Inc. now owns 662 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 176 shares during the period. State Board of Administration of Florida Retirement System acquired a new position in shares of Greif during the second quarter worth $214,000. Neuberger Berman Group LLC acquired a new stake in Greif in the second quarter valued at $216,000. Captrust Financial Advisors purchased a new position in Greif during the second quarter valued at $227,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Greif during the 2nd quarter worth about $230,000. Institutional investors own 45.74% of the company’s stock.

Insider Activity

In related news, SVP Gaylord Benner sold 2,800 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $75.58, for a total transaction of $211,624.00. Following the completion of the transaction, the senior vice president directly owned 7,163 shares in the company, valued at $541,379.54. The trade was a 28.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Lawrence A. Hilsheimer bought 6,705 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were acquired at an average price of $91.18 per share, with a total value of $611,361.90. Following the completion of the acquisition, the chief financial officer directly owned 207,416 shares in the company, valued at $18,912,190.88. This represents a 3.34% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have bought 22,252 shares of company stock worth $1,971,735 and have sold 63,944 shares worth $4,634,492. 7.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on GEF shares. Truist Financial boosted their price target on Greif from $71.00 to $79.00 and gave the stock a “hold” rating in a research report on Tuesday, January 6th. Robert W. Baird set a $75.00 target price on shares of Greif in a report on Thursday, January 29th. Wall Street Zen upgraded Greif from a “sell” rating to a “hold” rating in a report on Saturday, December 6th. Wells Fargo & Company raised their price target on shares of Greif from $73.00 to $76.00 and gave the company an “equal weight” rating in a report on Thursday, February 19th. Finally, Zacks Research upgraded shares of Greif from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Five analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $75.25.

Greif Trading Down 1.1%

NYSE GEF opened at $66.99 on Friday. Greif, Inc. has a twelve month low of $48.23 and a twelve month high of $77.14. The business’s fifty day moving average is $72.27 and its 200 day moving average is $65.89. The company has a quick ratio of 0.93, a current ratio of 1.23 and a debt-to-equity ratio of 0.23. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 24.81, a price-to-earnings-growth ratio of 0.52 and a beta of 0.95.

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

Greif Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 16th will be given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, March 16th. Greif’s payout ratio is currently 82.96%.

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.