Greif (NYSE:GEF) SVP Sells $143,080.00 in Stock

Greif, Inc. (NYSE:GEF) SVP Timothy Bergwall sold 2,000 shares of the company’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $71.54, for a total value of $143,080.00. Following the sale, the senior vice president owned 58,678 shares of the company’s stock, valued at approximately $4,197,824.12. The trade was a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Timothy Bergwall also recently made the following trade(s):

• On Wednesday, December 10th, Timothy Bergwall sold 2,000 shares of Greif stock. The stock was sold at an average price of $64.98, for a total value of $129,960.00.
• On Wednesday, November 12th, Timothy Bergwall sold 2,000 shares of Greif stock. The shares were sold at an average price of $60.00, for a total value of $120,000.00.
• On Tuesday, October 21st, Timothy Bergwall sold 2,000 shares of Greif stock. The stock was sold at an average price of $60.09, for a total transaction of $120,180.00.

Greif Price Performance

GEF stock opened at $71.94 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.41 and a debt-to-equity ratio of 1.00. Greif, Inc. has a 12 month low of $48.23 and a 12 month high of $72.45. The firm has a market cap of $3.42 billion, a P/E ratio of 22.84, a P/E/G ratio of 0.53 and a beta of 0.96. The company’s 50-day moving average price is $66.82 and its two-hundred day moving average price is $64.27.

Greif Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 1st. Investors of record on Thursday, December 18th were paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, December 18th. Greif’s dividend payout ratio (DPR) is 71.11%.

Analyst Ratings Changes

A number of brokerages have weighed in on GEF. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $72.00 target price (up previously from $68.00) on shares of Greif in a report on Tuesday, January 6th. Zacks Research upgraded Greif from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Truist Financial lifted their target price on Greif from $71.00 to $79.00 and gave the company a “hold” rating in a research report on Tuesday, January 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Greif in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Greif from a “sell” rating to a “hold” rating in a research note on Saturday, December 6th. Six research analysts have rated the stock with a Hold rating, According to MarketBeat, Greif currently has a consensus rating of “Hold” and an average target price of $72.50.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in GEF. Thrivent Financial for Lutherans boosted its position in Greif by 6.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 895,344 shares of the industrial products company’s stock worth $53,506,000 after buying an additional 54,256 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Greif by 75.5% during the third quarter. Ameriprise Financial Inc. now owns 524,603 shares of the industrial products company’s stock valued at $31,352,000 after acquiring an additional 225,659 shares during the last quarter. Medina Value Partners LLC lifted its holdings in shares of Greif by 19.3% during the third quarter. Medina Value Partners LLC now owns 372,250 shares of the industrial products company’s stock worth $22,246,000 after purchasing an additional 60,338 shares during the period. Systematic Financial Management LP grew its stake in shares of Greif by 0.9% in the second quarter. Systematic Financial Management LP now owns 312,534 shares of the industrial products company’s stock worth $20,312,000 after purchasing an additional 2,817 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Greif by 16.3% in the third quarter. Invesco Ltd. now owns 148,748 shares of the industrial products company’s stock worth $8,889,000 after purchasing an additional 20,858 shares during the last quarter. Institutional investors own 45.74% of the company’s stock.

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.