Greif, Inc. (NYSE:GEF – Get Free Report)’s share price hit a new 52-week high on Wednesday following a stronger than expected earnings report. The company traded as high as $83.39 and last traded at $83.1330, with a volume of 212844 shares trading hands. The stock had previously closed at $80.33.
The industrial products company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.50. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.12 billion. Greif had a return on equity of 8.32% and a net margin of 7.53%.Greif’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.86 earnings per share.
Greif Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 17th were given a $0.62 dividend. 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 dividend on an annualized basis and a dividend yield of 2.9%. Greif’s dividend payout ratio is presently 95.02%.
Trending Headlines about Greif
- Positive Sentiment: Greif reported fiscal Q3 adjusted earnings of $1.61 per share, well above the $1.11 analyst consensus and up from $0.86 in the year-earlier quarter. Revenue rose 3.5% year over year to $1.17 billion, also exceeding estimates of $1.12 billion. Greif Reports Fiscal Third Quarter 2026 Results
- Positive Sentiment: Management attributed the performance to stronger pricing, cost optimization initiatives and lower interest expense. These factors helped offset operating pressures and supported a substantial year-over-year improvement in quarterly earnings. Greif Earnings Beat Estimates in Q3 on Pricing and Cost Optimization
- Positive Sentiment: The company maintained its existing financial guidance, reducing concerns that the quarterly beat could be temporary or require a weaker outlook. The earnings report also pushed the shares to a new 52-week high. Greif Sets New 52-Week High on Better-Than-Expected Earnings
- Neutral Sentiment: Zacks Research maintains a Hold rating and made several modest reductions to forward EPS estimates, including FY2027 earnings from $4.48 to $4.45 and FY2028 earnings from $4.51 to $4.48. However, these estimates were reduced before the latest results and the changes were small relative to the earnings beat.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. Wells Fargo & Company raised their price objective on Greif from $70.00 to $74.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. Bank of America cut Greif from a “neutral” rating to an “underperform” rating and set a $70.00 target price on the stock. in a report on Tuesday, July 14th. Weiss Ratings raised shares of Greif from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, June 17th. Zacks Research upgraded shares of Greif from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Truist Financial dropped their price target on shares of Greif from $79.00 to $78.00 and set a “hold” rating on the stock in a research report on Monday, May 4th. Four research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Greif currently has a consensus rating of “Reduce” and an average target price of $74.25.
Read Our Latest Analysis on Greif
Insider Buying and Selling at Greif
In other news, SVP Timothy Bergwall sold 2,000 shares of Greif stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $73.14, for a total value of $146,280.00. Following the completion of the transaction, the senior vice president directly owned 63,832 shares of the company’s stock, valued at approximately $4,668,672.48. This trade represents a 3.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 6,000 shares of company stock valued at $412,120. Company insiders own 7.70% of the company’s stock.
Institutional Investors Weigh In On Greif
Institutional investors and hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd grew its stake in Greif by 106.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 616 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 317 shares during the period. Rockefeller Capital Management L.P. lifted its stake in Greif by 33.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 689 shares of the industrial products company’s stock valued at $47,000 after buying an additional 172 shares during the period. Exchange Traded Concepts LLC acquired a new position in Greif in the fourth quarter valued at approximately $84,000. Simplex Trading LLC boosted its holdings in shares of Greif by 399.5% during the 4th quarter. Simplex Trading LLC now owns 1,853 shares of the industrial products company’s stock worth $125,000 after buying an additional 1,482 shares in the last quarter. Finally, Leonteq Securities AG bought a new position in shares of Greif during the 1st quarter worth approximately $201,000. Institutional investors own 45.74% of the company’s stock.
Greif Trading Up 4.3%
The company has a market cap of $4.01 billion, a price-to-earnings ratio of 33.30, a P/E/G ratio of 0.90 and a beta of 0.76. The company has a current ratio of 1.28, a quick ratio of 1.00 and a debt-to-equity ratio of 0.24. The firm’s 50-day moving average price is $70.87 and its 200 day moving average price is $69.98.
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.
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