Zacks Research Analysts Decrease Earnings Estimates for BERY

Berry Global Group, Inc. (NYSE:BERY) – Equities researchers at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for Berry Global Group in a research report issued on Tuesday, February 25th. Zacks Research analyst S. Roy now anticipates that the industrial products company will post earnings per share of $1.41 for the quarter, down from their prior forecast of $1.65. The consensus estimate for Berry Global Group’s current full-year earnings is $6.25 per share. Zacks Research also issued estimates for Berry Global Group’s Q3 2025 earnings at $1.75 EPS, Q4 2025 earnings at $1.84 EPS, FY2025 earnings at $6.10 EPS, Q3 2026 earnings at $1.68 EPS, Q4 2026 earnings at $2.13 EPS and FY2026 earnings at $6.57 EPS.

Berry Global Group (NYSE:BERY) last posted its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. The firm had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.35 billion. Berry Global Group had a return on equity of 28.26% and a net margin of 3.99%. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.22 EPS.

A number of other analysts have also recently commented on BERY. Royal Bank of Canada lifted their price objective on Berry Global Group from $69.00 to $73.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 21st. UBS Group raised their price target on Berry Global Group from $72.00 to $73.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Truist Financial raised their price target on Berry Global Group from $74.00 to $76.00 and gave the stock a “hold” rating in a research note on Monday, February 10th. Citigroup reissued a “neutral” rating and issued a $76.00 price target on shares of Berry Global Group in a research note on Monday, November 25th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a $76.00 price target (up from $70.00) on shares of Berry Global Group in a research note on Monday, November 25th. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Berry Global Group presently has an average rating of “Hold” and a consensus price target of $74.56.

Berry Global Group Trading Down 0.9 %

Berry Global Group stock opened at $71.93 on Thursday. The stock has a market cap of $8.33 billion, a PE ratio of 17.94, a P/E/G ratio of 1.54 and a beta of 1.15. The stock has a 50-day moving average price of $67.94 and a 200 day moving average price of $67.94. Berry Global Group has a 52 week low of $55.24 and a 52 week high of $73.31. The company has a current ratio of 1.61, a quick ratio of 1.09 and a debt-to-equity ratio of 3.35.

Berry Global Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Monday, March 3rd. Berry Global Group’s dividend payout ratio is currently 30.92%.

Hedge Funds Weigh In On Berry Global Group

Hedge funds and other institutional investors have recently modified their holdings of the company. UMB Bank n.a. lifted its stake in shares of Berry Global Group by 89.0% in the 4th quarter. UMB Bank n.a. now owns 650 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 306 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in shares of Berry Global Group by 28.8% in the 4th quarter. Quadrant Capital Group LLC now owns 738 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 165 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Berry Global Group by 3,569.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 844 shares of the industrial products company’s stock valued at $55,000 after buying an additional 821 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of Berry Global Group by 463.5% during the 4th quarter. Venturi Wealth Management LLC now owns 1,065 shares of the industrial products company’s stock valued at $69,000 after buying an additional 876 shares during the period. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Berry Global Group during the 3rd quarter valued at about $75,000. 95.36% of the stock is owned by institutional investors and hedge funds.

About Berry Global Group

Berry Global Group, Inc manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.