Key Points
- Greif SVP Timothy Bergwall sold 2,000 shares on April 10 at an average price of $70.42 for $140,840, reducing his stake by 2.78% to 69,832 shares (about $4.92M); the trade was executed under a pre-arranged Rule 10b5-1 plan and disclosed in an SEC filing.
- This sale continues a pattern of planned dispositions — Bergwall also sold 2,000 shares on March 10 (avg $67.49) and 2,000 on February 10 (avg $74.11), suggesting recurring insider sales under the trading plan.
- Greif trades near $68 with a market cap of ~$3.15B, a P/E of 25.2, a 3.3% dividend yield (annualized $2.24, ~83% payout ratio), and a consensus analyst rating of Hold with a $73.75 price target.
Greif, Inc. (NYSE:GEF - Get Free Report) SVP Timothy Bergwall sold 2,000 shares of Greif stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $70.42, for a total transaction of $140,840.00. Following the completion of the sale, the senior vice president owned 69,832 shares of the company's stock, valued at $4,917,569.44. This trade represents a 2.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Timothy Bergwall also recently made the following trade(s):
- On Tuesday, March 10th, Timothy Bergwall sold 2,000 shares of Greif stock. The shares were sold at an average price of $67.49, for a total transaction of $134,980.00.
- On Tuesday, February 10th, Timothy Bergwall sold 2,000 shares of Greif stock. The shares were sold at an average price of $74.11, for a total transaction of $148,220.00.
Greif Stock Performance
NYSE:GEF opened at $68.04 on Friday. The company has a fifty day simple moving average of $69.94 and a two-hundred day simple moving average of $66.77. The company has a market cap of $3.15 billion, a price-to-earnings ratio of 25.20, a price-to-earnings-growth ratio of 0.56 and a beta of 0.92. The company has a quick ratio of 0.93, a current ratio of 1.23 and a debt-to-equity ratio of 0.23. Greif, Inc. has a 52 week low of $50.64 and a 52 week high of $77.14.
Greif (NYSE:GEF - Get Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.21). The business had revenue of $994.80 million during 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 business's revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.39 EPS. As a group, equities analysts anticipate that Greif, Inc. will post 4.11 earnings per share for the current fiscal year.
Greif Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 16th were paid a $0.56 dividend. The ex-dividend date was Monday, March 16th. This represents a $2.24 annualized dividend and a dividend yield of 3.3%. Greif's payout ratio is 82.96%.
Institutional Investors Weigh In On Greif
A number of institutional investors and hedge funds have recently bought and sold shares of GEF. American Century Companies Inc. lifted its position in Greif by 1.3% in the second quarter. American Century Companies Inc. now owns 21,494 shares of the industrial products company's stock valued at $1,397,000 after acquiring an additional 280 shares during the last quarter. Norges Bank purchased a new stake in Greif in the second quarter valued at $1,040,000. Arrowstreet Capital Limited Partnership purchased a new stake in Greif in the second quarter valued at $230,000. Jump Financial LLC purchased a new stake in Greif in the second quarter valued at $609,000. Finally, Cerity Partners LLC lifted its position in Greif by 50.3% in the second quarter. Cerity Partners LLC now owns 6,193 shares of the industrial products company's stock valued at $403,000 after acquiring an additional 2,072 shares during the last quarter. 45.74% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
GEF has been the subject of several research reports. Robert W. Baird set a $75.00 price target on shares of Greif in a research note on Thursday, January 29th. Truist Financial boosted their price target on shares of Greif from $71.00 to $79.00 and gave the stock a "hold" rating in a research note on Tuesday, January 6th. Zacks Research upgraded shares of Greif from a "strong sell" rating to a "hold" rating in a research note on Monday, January 5th. Finally, Wells Fargo & Company dropped their price target on shares of Greif from $76.00 to $70.00 and set an "equal weight" rating for the company in a research note on Friday, March 20th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $73.75.
View Our Latest Report on Greif
About Greif
(
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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