Greif (NYSE:GEF) Given New $90.00 Price Target at Wells Fargo & Company

Greif (NYSE:GEF) had its price target raised by Wells Fargo & Company from $74.00 to $90.00 in a research note released on Thursday morning,Benzinga reports. They currently have an equal weight rating on the industrial products company’s stock.

Other equities research analysts have also recently issued research reports about the company. Weiss Ratings raised Greif from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, June 17th. Bank of America lowered Greif from a “neutral” rating to an “underperform” rating and set a $70.00 price objective for the company. in a report on Tuesday, July 14th. Truist Financial lowered their target price on Greif from $79.00 to $78.00 and set a “hold” rating on the stock in a research report on Monday, May 4th. Finally, Zacks Research upgraded Greif from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 21st. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $78.25.

Greif Stock Up 0.2%

GEF stock opened at $87.40 on Thursday. The company has a quick ratio of 1.00, a current ratio of 1.29 and a debt-to-equity ratio of 0.23. Greif has a fifty-two week low of $55.75 and a fifty-two week high of $88.50. The firm’s 50-day simple moving average is $71.34 and its 200 day simple moving average is $70.09. The stock has a market cap of $4.03 billion, a PE ratio of 33.49, a price-to-earnings-growth ratio of 0.94 and a beta of 0.76.

Greif (NYSE:GEF) last issued its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.50. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.12 billion. Greif had a net margin of 7.53% and a return on equity of 8.09%. Greif’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm posted $0.86 EPS. As a group, sell-side analysts predict that Greif will post 3.81 EPS for the current year.

Greif Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Wednesday, June 17th were given a dividend of $0.62 per share. This is a boost from Greif’s previous quarterly dividend of $0.56. The ex-dividend date was Wednesday, June 17th. This represents a $2.48 annualized dividend and a dividend yield of 2.8%. Greif’s payout ratio is 95.02%.

Insider Activity

In other news, SVP Timothy Bergwall sold 2,000 shares of the business’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $73.14, for a total value of $146,280.00. Following the sale, the senior vice president owned 63,832 shares of the company’s stock, valued at approximately $4,668,672.48. The trade was a 3.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 6,000 shares of company stock worth $412,120. 7.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. raised its position in Greif by 75.5% in the third quarter. Ameriprise Financial Inc. now owns 524,603 shares of the industrial products company’s stock worth $31,352,000 after acquiring an additional 225,659 shares in the last quarter. Invesco Ltd. raised its holdings 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 worth $22,067,000 after purchasing an additional 177,203 shares in the last quarter. EVR Research LP acquired a new stake in Greif during the fourth quarter valued at approximately $11,848,000. Cubist Systematic Strategies LLC bought a new stake in Greif during the second quarter worth approximately $6,052,000. Finally, Deprince Race & Zollo Inc. boosted its holdings in Greif by 10.5% during the fourth 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 in the last quarter. 45.74% of the stock is owned by institutional investors and hedge funds.

Greif News Summary

Here are the key news stories impacting Greif this week:

• Positive Sentiment: Greif reported fiscal third-quarter earnings of $1.61 per share, well above the $1.11 analyst consensus, while revenue of $1.17 billion exceeded the $1.12 billion estimate. Revenue rose 3.5% year over year, with pricing, cost optimization and lower interest expense supporting earnings growth. Greif Reports Fiscal Third Quarter 2026 Results
• Positive Sentiment: Management maintained its outlook, suggesting that the better quarter did not rely on a significant reduction in expectations. The earnings beat and unchanged guidance helped drive Greif to a new 52-week high. Greif Earnings Beat Estimates in Q3 on Pricing and Cost Optimization
• Positive Sentiment: Wells Fargo raised its price target for GEF from $74 to $90. Although the firm retained an “equal weight” rating, the higher target indicates improved valuation support following the results. Wells Fargo Price Target Update
• Neutral Sentiment: Despite the positive earnings reaction, Wells Fargo’s equal-weight stance indicates limited conviction that Greif will materially outperform the broader market from current levels.
• Negative Sentiment: Zacks Research trimmed several forward EPS estimates, including fiscal 2026 to $1.18, fiscal 2027 to $4.45 and fiscal 2028 to $4.48. Zacks maintained a “Hold” rating, signaling some caution about longer-term earnings momentum.

Greif Company 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.