Brokerages Set Griffon Corporation (NYSE:GFF) Target Price at $107.67

Griffon Corporation (NYSE:GFF) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $115.00.

GFF has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Griffon in a research note on Friday, March 27th. Stephens boosted their price objective on Griffon from $92.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Zacks Research lowered Griffon from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. Wall Street Zen raised Griffon from a “hold” rating to a “buy” rating in a research note on Sunday, April 26th. Finally, Robert W. Baird set a $115.00 price objective on Griffon in a research note on Friday.

Griffon Price Performance

Shares of GFF stock opened at $88.09 on Wednesday. The stock’s fifty day simple moving average is $79.88 and its 200 day simple moving average is $79.09. The company has a debt-to-equity ratio of 14.77, a current ratio of 2.86 and a quick ratio of 2.43. The firm has a market cap of $4.04 billion, a price-to-earnings ratio of 677.65, a P/E/G ratio of 1.47 and a beta of 1.46. Griffon has a one year low of $65.01 and a one year high of $97.58.

Griffon (NYSE:GFF) last posted its quarterly earnings data on Thursday, May 7th. The conglomerate reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The company had revenue of $421.86 million for the quarter, compared to analyst estimates of $414.63 million. Griffon had a return on equity of 298.42% and a net margin of 0.31%.The business’s revenue was down 31.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.23 earnings per share. On average, analysts expect that Griffon will post 5.16 earnings per share for the current fiscal year.

Griffon Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, May 29th will be given a dividend of $0.22 per share. The ex-dividend date is Friday, May 29th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.0%. Griffon’s payout ratio is presently 676.92%.

Institutional Investors Weigh In On Griffon

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Voss Capital LP raised its position in shares of Griffon by 14.7% during the fourth quarter. Voss Capital LP now owns 1,760,000 shares of the conglomerate’s stock worth $129,624,000 after acquiring an additional 225,000 shares during the last quarter. State Street Corp raised its position in shares of Griffon by 0.7% during the fourth quarter. State Street Corp now owns 1,535,473 shares of the conglomerate’s stock worth $113,088,000 after acquiring an additional 11,169 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position in shares of Griffon by 41.4% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,002,513 shares of the conglomerate’s stock worth $73,835,000 after acquiring an additional 293,278 shares during the last quarter. LSV Asset Management raised its position in shares of Griffon by 10.0% during the fourth quarter. LSV Asset Management now owns 867,195 shares of the conglomerate’s stock worth $63,869,000 after acquiring an additional 79,000 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Griffon by 7.7% during the second quarter. Raymond James Financial Inc. now owns 719,046 shares of the conglomerate’s stock worth $52,037,000 after acquiring an additional 51,354 shares during the last quarter. Institutional investors own 73.22% of the company’s stock.

Key Headlines Impacting Griffon

Here are the key news stories impacting Griffon this week:

• Positive Sentiment: Griffon reported fiscal Q2 earnings of $1.05 per share, above the $0.99 consensus, and revenue of $421.9 million, also ahead of expectations. Griffon Corporation Announces Second Quarter Results
• Positive Sentiment: The company reaffirmed its fiscal 2026 view, including expectations for about $1.8 billion in revenue and $458 million in adjusted EBITDA, signaling confidence in its outlook. Seeking Alpha article
• Neutral Sentiment: Management noted lower sales volumes, especially in residential, but price/mix improvements helped offset part of the pressure, suggesting a mixed operating backdrop. Zacks article
• Neutral Sentiment: Griffon also announced a quarterly dividend of $0.22 per share, reinforcing shareholder returns but likely not the main driver of the stock’s move today. Fiscal Q2 Earnings Snapshot
• Negative Sentiment: Revenue was still down 31% year over year versus the prior-year quarter, highlighting that growth remains challenged despite the earnings beat. MarketBeat Griffon page

About Griffon

Griffon Corporation (NYSE:GFF) is a diversified management and holding company whose subsidiaries design, manufacture and market products for residential, commercial and defense applications. Operating through three primary platforms—Home & Building Products, Defense Electronics and Specialty Industrial—Griffon’s portfolio spans consumer and industrial brands with a focus on long-lived products and recurring aftermarket opportunities.

In the Home & Building Products segment, Griffon’s Clopay Building Products division is a leading North American manufacturer of residential and commercial garage doors, specializing in steel, fiberglass and composite designs as well as decorative carriage-house styles.