Investment Analysts’ Weekly Ratings Changes for Griffon (GFF)

A number of firms have modified their ratings and price targets on shares of Griffon (NYSE: GFF) recently:

• 2/14/2025 – Griffon was upgraded by analysts at Loop Capital to a “strong-buy” rating.
• 2/13/2025 – Griffon is now covered by analysts at Loop Capital. They set a “buy” rating and a $95.00 price target on the stock.
• 2/6/2025 – Griffon had its “strong-buy” rating reaffirmed by analysts at Raymond James. They now have a $95.00 price target on the stock, up previously from $92.00.
• 2/6/2025 – Griffon had its price target raised by analysts at Stephens from $100.00 to $105.00. They now have an “overweight” rating on the stock.
• 2/6/2025 – Griffon was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.

Griffon Price Performance

Shares of Griffon stock opened at $77.32 on Tuesday. The firm has a market cap of $3.68 billion, a PE ratio of 15.78 and a beta of 1.43. Griffon Co. has a 12-month low of $55.01 and a 12-month high of $86.73. The company has a quick ratio of 1.44, a current ratio of 2.51 and a debt-to-equity ratio of 6.44. The company’s fifty day simple moving average is $75.45 and its two-hundred day simple moving average is $71.21.

Griffon (NYSE:GFF) last announced its quarterly earnings results on Wednesday, February 5th. The conglomerate reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.11. Griffon had a net margin of 9.13% and a return on equity of 120.61%. As a group, equities analysts expect that Griffon Co. will post 5.51 EPS for the current year.

Griffon Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, February 25th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Tuesday, February 25th. Griffon’s dividend payout ratio (DPR) is presently 14.69%.

Insiders Place Their Bets

In other news, Director Cheryl L. Turnbull sold 3,000 shares of Griffon stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $80.80, for a total transaction of $242,400.00. Following the sale, the director now owns 30,730 shares of the company’s stock, valued at approximately $2,482,984. The trade was a 8.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO W. Christopher Durborow sold 5,170 shares of Griffon stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $80.38, for a total transaction of $415,564.60. Following the sale, the chief accounting officer now directly owns 44,306 shares in the company, valued at $3,561,316.28. The trade was a 10.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,670 shares of company stock valued at $1,038,035 in the last quarter. Insiders own 10.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. FMR LLC lifted its position in Griffon by 33.9% during the 3rd quarter. FMR LLC now owns 76,213 shares of the conglomerate’s stock valued at $5,335,000 after acquiring an additional 19,291 shares during the period. Arcadia Investment Management Corp MI lifted its position in Griffon by 125.6% during the 3rd quarter. Arcadia Investment Management Corp MI now owns 17,426 shares of the conglomerate’s stock valued at $1,220,000 after acquiring an additional 9,701 shares during the period. State Street Corp lifted its position in Griffon by 4.1% during the 3rd quarter. State Street Corp now owns 1,555,908 shares of the conglomerate’s stock valued at $108,914,000 after acquiring an additional 61,210 shares during the period. State of New Jersey Common Pension Fund D purchased a new position in Griffon during the 3rd quarter valued at about $2,089,000. Finally, Jane Street Group LLC lifted its position in Griffon by 21.4% during the 3rd quarter. Jane Street Group LLC now owns 348,907 shares of the conglomerate’s stock valued at $24,423,000 after acquiring an additional 61,399 shares during the period. 73.22% of the stock is owned by hedge funds and other institutional investors.

Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. The company operates through two segments: Home and Building Products, and Consumer and Professional Products. The Home and Building Products segment manufactures and markets residential and commercial sectional garage doors, rolling steel service doors, fire doors, shutters, steel security grilles, and room dividers for the use in commercial construction and repair, and home remodeling applications.