Greif (NYSE:GEF) SVP Kimberly Anne Kellermann Sells 5,265 Shares

Greif, Inc. (NYSE:GEF) SVP Kimberly Anne Kellermann sold 5,265 shares of Greif stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $71.99, for a total value of $379,027.35. Following the sale, the senior vice president owned 5,808 shares of the company’s stock, valued at approximately $418,117.92. This represents a 47.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Greif Stock Performance

GEF traded down $1.63 on Thursday, hitting $73.81. The company had a trading volume of 206,780 shares, compared to its average volume of 211,044. 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 company’s fifty day moving average price is $69.55 and its 200 day moving average price is $64.65. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 27.34, a price-to-earnings-growth ratio of 0.55 and a beta of 0.96. Greif, Inc. has a 1-year low of $48.23 and a 1-year high of $75.86.

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

Greif Announces Dividend

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

Wall Street Analyst Weigh In

GEF has been the subject of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Greif in a research report on Wednesday, October 8th. Zacks Research upgraded Greif from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Truist Financial raised their target price on shares of Greif from $71.00 to $79.00 and gave the company a “hold” rating in a research note on Tuesday, January 6th. Robert W. Baird set a $75.00 price objective on shares of Greif in a research report on Thursday, January 29th. Finally, Wells Fargo & Company increased their price objective on Greif from $72.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 29th. Six research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $74.50.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Blue Trust Inc. increased its position in Greif by 36.2% during the third quarter. Blue Trust Inc. now owns 662 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 176 shares during the last quarter. American Century Companies Inc. grew its position in Greif by 1.3% in the 2nd 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. Bank of Montreal Can boosted its holdings in shares of Greif by 5.5% in the second quarter. Bank of Montreal Can now owns 6,002 shares of the industrial products company’s stock valued at $390,000 after purchasing an additional 314 shares during the period. Retirement Systems of Alabama increased its position in Greif by 1.4% during the 2nd quarter. Retirement Systems of Alabama now owns 31,906 shares of the industrial products company’s stock valued at $2,074,000 after purchasing an additional 444 shares during the period. Finally, Wedge Capital Management L L P NC lifted its position in shares of Greif by 2.0% during the fourth quarter. Wedge Capital Management L L P NC now owns 23,900 shares of the industrial products company’s stock valued at $1,618,000 after buying an additional 464 shares during the last quarter. 45.74% of the stock is owned by institutional investors.

About Greif

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.