Readystate Asset Management LP Makes New $871,000 Investment in Greif, Inc. $GEF

Readystate Asset Management LP bought a new stake in Greif, Inc. (NYSE:GEF) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,991 shares of the industrial products company’s stock, valued at approximately $871,000.

Other large investors also recently modified their holdings of the company. Ameriprise Financial Inc. raised its position in shares of Greif by 75.5% during the third quarter. Ameriprise Financial Inc. now owns 524,603 shares of the industrial products company’s stock worth $31,352,000 after purchasing an additional 225,659 shares during the period. Invesco Ltd. grew its position in shares of Greif by 119.1% in the 4th quarter. Invesco Ltd. now owns 325,951 shares of the industrial products company’s stock valued at $22,067,000 after purchasing an additional 177,203 shares during the period. EVR Research LP bought a new stake in Greif during the 4th quarter worth approximately $11,848,000. Cubist Systematic Strategies LLC bought a new stake in Greif during the 2nd quarter worth approximately $6,052,000. Finally, Deprince Race & Zollo Inc. raised its holdings in 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 buying an additional 79,813 shares during the period. 45.74% of the stock is currently owned by institutional investors.

More Greif News

Here are the key news stories impacting Greif this week:

• Positive Sentiment: Greif reported fiscal Q3 adjusted earnings of $1.61 per share, well above the $1.11 analyst consensus and up from $0.86 in the year-earlier quarter. Revenue rose 3.5% year over year to $1.17 billion, also exceeding estimates of $1.12 billion. Greif Reports Fiscal Third Quarter 2026 Results
• Positive Sentiment: Management attributed the performance to stronger pricing, cost optimization initiatives and lower interest expense. These factors helped offset operating pressures and supported a substantial year-over-year improvement in quarterly earnings. Greif Earnings Beat Estimates in Q3 on Pricing and Cost Optimization
• Positive Sentiment: The company maintained its existing financial guidance, reducing concerns that the quarterly beat could be temporary or require a weaker outlook. The earnings report also pushed the shares to a new 52-week high. Greif Sets New 52-Week High on Better-Than-Expected Earnings
• Neutral Sentiment: Zacks Research maintains a Hold rating and made several modest reductions to forward EPS estimates, including FY2027 earnings from $4.48 to $4.45 and FY2028 earnings from $4.51 to $4.48. However, these estimates were reduced before the latest results and the changes were small relative to the earnings beat.

Greif Stock Up 4.3%

Shares of Greif stock opened at $86.92 on Thursday. The firm has a market cap of $4.01 billion, a PE ratio of 33.30, a P/E/G ratio of 0.90 and a beta of 0.76. The business’s 50 day simple moving average is $70.87 and its 200 day simple moving average is $69.98. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.00 and a current ratio of 1.28. Greif, Inc. has a 52-week low of $55.75 and a 52-week high of $87.35.

Greif (NYSE:GEF) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.50. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.12 billion. Greif had a return on equity of 8.32% and a net margin of 7.53%.The business’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 EPS. On average, analysts predict that Greif, Inc. will post 3.81 earnings per share for the current fiscal year.

Greif Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Wednesday, June 17th were given a $0.62 dividend. This is a boost from Greif’s previous quarterly dividend of $0.56. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Wednesday, June 17th. Greif’s payout ratio is presently 95.02%.

Insider Buying and Selling

In related news, SVP Timothy Bergwall sold 2,000 shares of the stock in a transaction on Friday, July 10th. The shares were sold at an average price of $73.14, for a total transaction of $146,280.00. Following the completion of the transaction, the senior vice president owned 63,832 shares in the company, valued at approximately $4,668,672.48. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,000 shares of company stock worth $412,120 in the last ninety days. Corporate insiders own 7.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on GEF shares. Weiss Ratings raised shares of Greif from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, June 17th. Wells Fargo & Company increased their price objective on shares of Greif from $70.00 to $74.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. Truist Financial dropped their price objective on shares of Greif from $79.00 to $78.00 and set a “hold” rating on the stock in a report on Monday, May 4th. Zacks Research raised shares of Greif from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 21st. Finally, 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 note on Tuesday, July 14th. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Greif presently has an average rating of “Reduce” and a consensus target price of $74.25.

Greif 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.