Insider Selling: Griffon (NYSE:GFF) COO Sells 14,852 Shares of Stock

August 8, 2026 by InsiderTrades.com

Key Points

COO Robert Mehmel sold 22,209 Griffon shares for approximately $2.27 million under a pre-arranged Rule 10b5-1 plan, reducing his ownership by 2.83% while retaining 763,691 shares.
Griffon’s latest quarterly results exceeded expectations, with EPS of $1.51 versus the $1.34 consensus and revenue of $481.37 million versus $457.70 million expected, although revenue declined 21.5% year over year.
Shares opened at $107.16 near their 52-week high, while analysts maintained a generally positive view: the stock has a “Moderate Buy” consensus rating and a $122.50 average price target. The company also declared a quarterly dividend of $0.22 per share.

Griffon Corporation (NYSE:GFF - Get Free Report) COO Robert Mehmel sold 14,852 shares of Griffon stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $105.18, for a total value of $1,562,133.36. Following the completion of the sale, the chief operating officer directly owned 748,839 shares in the company, valued at approximately $78,762,886.02. This represents a 1.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Griffon Trading Up 0.8%

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NYSE GFF opened at $107.16 on Friday. Griffon Corporation has a 52 week low of $65.01 and a 52 week high of $108.57. The company has a debt-to-equity ratio of 9.75, a quick ratio of 2.43 and a current ratio of 2.41. The stock's 50 day moving average price is $91.92 and its two-hundred day moving average price is $86.07. The stock has a market capitalization of $4.85 billion, a price-to-earnings ratio of 27.34 and a beta of 1.44.

Griffon (NYSE:GFF - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The conglomerate reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.17. Griffon had a net margin of 8.08% and a return on equity of 249.31%. The company had revenue of $481.37 million during the quarter, compared to analysts' expectations of $457.70 million. During the same period last year, the business earned $1.50 EPS. The business's quarterly revenue was down 21.5% on a year-over-year basis. As a group, analysts anticipate that Griffon Corporation will post 5.3 earnings per share for the current fiscal year.

Griffon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Monday, August 31st will be given a $0.22 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.88 dividend on an annualized basis and a yield of 0.8%. Griffon's dividend payout ratio (DPR) is 676.92%.

Hedge Funds Weigh In On Griffon

A number of institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC grew its holdings in shares of Griffon by 3.4% during the fourth quarter. Corient Private Wealth LLC now owns 3,546 shares of the conglomerate's stock worth $261,000 after purchasing an additional 115 shares during the last quarter. O Shaughnessy Asset Management LLC raised its holdings in Griffon by 1.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 10,299 shares of the conglomerate's stock valued at $759,000 after buying an additional 132 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in Griffon by 1.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 8,929 shares of the conglomerate's stock worth $658,000 after buying an additional 136 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Griffon by 30.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 585 shares of the conglomerate's stock worth $43,000 after buying an additional 137 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in Griffon by 33.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 572 shares of the conglomerate's stock worth $41,000 after acquiring an additional 142 shares during the last quarter. 73.22% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Griffon

Here are the key news stories impacting Griffon this week:

Positive Sentiment: Quarterly earnings beat expectations: Griffon reported adjusted earnings of $1.51 per share, exceeding the $1.34 consensus estimate, while revenue of $481.4 million surpassed expectations of $457.7 million. Pricing improvements and volume growth—particularly from residential demand—helped offset a 21.5% year-over-year revenue decline. Management reaffirmed its fiscal 2026 outlook, supporting the view that operating momentum remains intact. GFF Q3 Earnings Beat Estimates on Pricing and Volume Growth
Positive Sentiment: Analyst remains bullish after results: An investment analysis reiterated a Buy view, citing Griffon’s more focused business profile and an intact long-term growth story following the earnings release. Griffon Corporation: A Simpler Business With An Intact Growth Story
Positive Sentiment: Shares reached a new 52-week high: The strong earnings performance and reaffirmed guidance have helped drive GFF to fresh annual highs, signaling strong market momentum. Griffon Reaches New 52-Week High After Strong Earnings
Neutral Sentiment: Historical financials were recast: Griffon updated fiscal 2023–2025 financial information after strategic AMES transactions. The revisions improve comparability following the company’s portfolio changes, but investors may review the restated figures for any effects on historical trends or reported performance. Griffon Recasts Financials After Strategic AMES Transactions
Negative Sentiment: Executives sold shares: CEO Ronald J. Kramer sold 100,000 shares for approximately $10.2 million, while COO Robert F. Mehmel sold a combined 37,061 shares worth about $3.8 million. Both sales were made under pre-arranged Rule 10b5-1 plans, and the executives still retain substantial holdings, reducing—but not eliminating—concern about insider selling.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Robert W. Baird set a $125.00 price target on shares of Griffon in a research report on Thursday. Wall Street Zen cut Griffon from a "buy" rating to a "hold" rating in a report on Saturday, May 16th. Stephens raised their price objective on Griffon from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday. Weiss Ratings downgraded Griffon from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday, May 11th. Finally, Zacks Research upgraded Griffon from a "strong sell" rating to a "hold" rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $122.50.

Check Out Our Latest Stock Report on Griffon

Griffon Company Profile

(Get Free Report)

Griffon Corporation (NYSE:GFF) is a diversified management and holding company whose subsidiaries design, manufacture and market products for residential, commercial and defense applications. Operating through three primary platforms—Home & Building Products, Defense Electronics and Specialty Industrial—Griffon's portfolio spans consumer and industrial brands with a focus on long-lived products and recurring aftermarket opportunities.

In the Home & Building Products segment, Griffon's Clopay Building Products division is a leading North American manufacturer of residential and commercial garage doors, specializing in steel, fiberglass and composite designs as well as decorative carriage-house styles.