Insider Selling: Greif (NYSE:GEF) SVP Sells 2,000 Shares of Stock

Key Points

  • Insider sale: SVP Timothy Bergwall sold 2,000 shares on Feb. 10 at an average of $74.11 for $148,220, leaving him with 73,832 shares (a 2.64% reduction) after also selling 2,000-share tranches in January and December.
  • Earnings miss and analyst view: Greif reported Q EPS of $0.48 versus $0.69 expected and revenue of $994.8M versus $1.02B (revenue down 2.2% YoY); analysts generally rate the stock a "Hold" with an average target of $74.50.
  • Dividend and valuation: The company pays a $0.56 quarterly dividend (annualized $2.24) for a ~3.0% yield but a high payout ratio (~83%), and the shares trade near their 52-week high with a PE of 28.06 and a market cap of about $3.5B.

Greif, Inc. (NYSE:GEF - Get Free Report) SVP Timothy Bergwall sold 2,000 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $74.11, for a total transaction of $148,220.00. Following the completion of the transaction, the senior vice president directly owned 73,832 shares in the company, valued at approximately $5,471,689.52. This represents a 2.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Timothy Bergwall also recently made the following trade(s):

  • On Monday, January 12th, Timothy Bergwall sold 2,000 shares of Greif stock. The stock was sold at an average price of $71.54, for a total value of $143,080.00.
  • On Wednesday, December 10th, Timothy Bergwall sold 2,000 shares of Greif stock. The stock was sold at an average price of $64.98, for a total value of $129,960.00.

Greif Stock Performance

GEF opened at $75.76 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.23 and a quick ratio of 0.93. The business has a fifty day simple moving average of $70.47 and a 200 day simple moving average of $64.93. Greif, Inc. has a 1 year low of $48.23 and a 1 year high of $76.13. The company has a market capitalization of $3.51 billion, a PE ratio of 28.06, a price-to-earnings-growth ratio of 0.58 and a beta of 0.96.




Greif (NYSE:GEF - Get Free Report) last posted its earnings results on Tuesday, January 27th. The industrial products company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.69 by ($0.21). The firm had revenue of $994.80 million for the quarter, compared to analyst estimates of $1.02 billion. Greif had a return on equity of 8.46% and a net margin of 7.52%.The firm's quarterly revenue was down 2.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 EPS. Research analysts expect that Greif, Inc. will post 4.11 EPS for the current year.

Greif Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 1st. Shareholders of record on Thursday, December 18th were given a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Thursday, December 18th. Greif's dividend payout ratio is presently 82.96%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Truist Financial lifted their price target on shares of Greif from $71.00 to $79.00 and gave the company a "hold" rating in a research report on Tuesday, January 6th. Zacks Research upgraded Greif from a "strong sell" rating to a "hold" rating in a research note on Monday, January 5th. Wells Fargo & Company upped their target price on Greif from $72.00 to $73.00 and gave the company an "equal weight" rating in a research report on Thursday, January 29th. Wall Street Zen raised Greif from a "sell" rating to a "hold" rating in a report on Saturday, December 6th. Finally, Robert W. Baird set a $75.00 price target on Greif in a research note on Thursday, January 29th. Six analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Greif has an average rating of "Hold" and an average target price of $74.50.

Check Out Our Latest Stock Report on GEF

Institutional Trading of Greif

Several institutional investors and hedge funds have recently modified their holdings of the business. Blue Trust Inc. boosted its stake in Greif by 36.2% in the third quarter. Blue Trust Inc. now owns 662 shares of the industrial products company's stock valued at $40,000 after buying an additional 176 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Greif in the fourth quarter worth about $84,000. Simplex Trading LLC boosted its stake in shares of Greif by 399.5% in the 4th quarter. Simplex Trading LLC now owns 1,853 shares of the industrial products company's stock valued at $125,000 after purchasing an additional 1,482 shares in the last quarter. State Board of Administration of Florida Retirement System bought a new stake in shares of Greif during the 2nd quarter valued at approximately $214,000. Finally, Neuberger Berman Group LLC bought a new stake in shares of Greif during the 2nd quarter valued at approximately $216,000. 45.74% of the stock is currently owned by institutional investors.

Greif Company Profile

(Get Free Report)

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.

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