Greif (NYSE:GEF – Get Free Report)‘s stock had its “hold” rating reaffirmed by investment analysts at Truist Financial in a report issued on Thursday, Benzinga reports. They presently have a $88.00 price target on the industrial products company’s stock, down from their previous price target of $94.00. Truist Financial‘s target price would suggest a potential upside of 15.04% from the company’s current price.
Several other research analysts also recently commented on the stock. Wells Fargo & Company dropped their price objective on shares of Greif from $90.00 to $88.00 and set a “cautious” rating for the company in a report on Monday, October 19th. Bank of America downgraded Greif from a “neutral” rating to an “underperform” rating and set a $70.00 target price on the stock. in a research report on Tuesday, July 14th. Raymond James Financial upgraded Greif from a “market perform” rating to an “outperform” rating and set a $90.00 target price on the stock in a research report on Friday, October 16th. Wall Street Zen raised Greif from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Greif in a report on Friday, October 30th. Two equities research 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 data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $82.20.
Greif Price Performance
GEF traded down $0.20 during trading on Thursday, reaching $76.50. 78,789 shares of the company traded hands, compared to its average volume of 263,426. The company has a market cap of $3.53 billion, a P/E ratio of 17.27, a PEG ratio of 0.62 and a beta of 0.79. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.99 and a current ratio of 1.29. Greif has a 12-month low of $55.90 and a 12-month high of $90.57. The firm has a fifty day simple moving average of $82.29 and a 200 day simple moving average of $74.67.
Greif (NYSE:GEF – Get Free Report) last released its earnings results on Tuesday, November 3rd. The industrial products company reported $0.87 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.25). The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Greif had a return on equity of 7.73% and a net margin of 5.91%. Greif’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the firm posted $0.58 EPS. On average, equities analysts forecast that Greif will post 4.80 EPS for the current year.
Insider Activity
In other Greif news, EVP Bala Sathyanarayanan sold 1,000 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $109.67, for a total transaction of $109,670.00. Following the completion of the sale, the executive vice president directly owned 7,549 shares of the company’s stock, valued at approximately $827,898.83. This represents a 11.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Timothy Bergwall sold 2,000 shares of Greif stock in a transaction on Monday, October 12th. The stock was sold at an average price of $81.82, for a total transaction of $163,640.00. Following the completion of the transaction, the senior vice president directly owned 51,832 shares in the company, valued at $4,240,894.24. This represents a 3.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 29,646 shares of company stock worth $2,621,436. 7.70% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in GEF. Lido Advisors LLC acquired a new stake in Greif in the third quarter worth about $227,000. Kestra Advisory Services LLC purchased a new stake in shares of Greif during the third quarter worth about $254,000. Vise Technologies Inc. purchased a new stake in shares of Greif during the third quarter worth about $229,000. Pinnacle Wealth Planning Services Inc. increased its holdings in shares of Greif by 268.3% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,300 shares of the industrial products company’s stock valued at $103,000 after acquiring an additional 947 shares in the last quarter. Finally, Citizens Financial Group Inc. RI acquired a new position in shares of Greif during the third quarter valued at about $392,000. 45.74% of the stock is owned by institutional investors and hedge funds.
More 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
About Greif
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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