Griffon (NYSE:GFF) Stock Rating Upgraded by Zacks Research

Griffon (NYSE:GFF) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Several other research firms also recently commented on GFF. Wall Street Zen downgraded shares of Griffon from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings downgraded Griffon from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Stephens upped their price objective on shares of Griffon from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Robert W. Baird set a $125.00 target price on shares of Griffon in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $122.50.

Griffon Trading Up 0.8%

NYSE GFF opened at $107.16 on Thursday. The company has a quick ratio of 2.43, a current ratio of 2.41 and a debt-to-equity ratio of 9.75. Griffon has a 52 week low of $65.01 and a 52 week high of $108.57. The business has a 50 day moving average price of $91.92 and a 200-day moving average price of $86.07. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 27.34 and a beta of 1.44.

Griffon (NYSE:GFF) last posted its quarterly earnings results on Wednesday, August 5th. The conglomerate reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.17. The business had revenue of $481.37 million during the quarter, compared to the consensus estimate of $457.70 million. Griffon had a net margin of 8.08% and a return on equity of 249.31%. Griffon’s revenue was down 21.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.50 EPS. As a group, equities analysts expect that Griffon will post 5.3 earnings per share for the current fiscal year.

Insider Buying and Selling at Griffon

In other Griffon news, CEO Ronald J. Kramer sold 100,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $94.92, for a total transaction of $9,492,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,784,297 shares of the company’s stock, valued at approximately $169,365,471.24. This represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Robert F. Mehmel sold 22,209 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $102.08, for a total value of $2,267,094.72. Following the completion of the sale, the chief operating officer owned 763,691 shares in the company, valued at approximately $77,957,577.28. The trade was a 2.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 266,450 shares of company stock valued at $26,380,753. 10.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Griffon

Several large investors have recently modified their holdings of the business. Moran Wealth Management LLC lifted its holdings in Griffon by 97.4% during the 4th quarter. Moran Wealth Management LLC now owns 52,258 shares of the conglomerate’s stock worth $3,849,000 after purchasing an additional 25,790 shares in the last quarter. Louisiana State Employees Retirement System purchased a new position in Griffon during the 1st quarter valued at about $1,265,000. SG Americas Securities LLC increased its position in shares of Griffon by 77.2% during the first quarter. SG Americas Securities LLC now owns 117,092 shares of the conglomerate’s stock valued at $8,510,000 after buying an additional 51,004 shares during the period. OP Asset Management Ltd bought a new stake in shares of Griffon during the first quarter valued at about $1,547,000. Finally, Walleye Capital LLC purchased a new stake in shares of Griffon in the first quarter worth about $1,135,000. Hedge funds and other institutional investors own 73.22% of the company’s stock.

Key Griffon News

Here are the key news stories impacting Griffon this week:

• Positive Sentiment: Quarterly earnings beat expectations: Griffon reported adjusted earnings of $1.51 per share, exceeding the $1.34 consensus estimate, while revenue of $481.4 million surpassed expectations of $457.7 million. Pricing improvements and volume growth—particularly from residential demand—helped offset a 21.5% year-over-year revenue decline. Management reaffirmed its fiscal 2026 outlook, supporting the view that operating momentum remains intact. GFF Q3 Earnings Beat Estimates on Pricing and Volume Growth
• Positive Sentiment: Analyst remains bullish after results: An investment analysis reiterated a Buy view, citing Griffon’s more focused business profile and an intact long-term growth story following the earnings release. Griffon Corporation: A Simpler Business With An Intact Growth Story
• Positive Sentiment: Shares reached a new 52-week high: The strong earnings performance and reaffirmed guidance have helped drive GFF to fresh annual highs, signaling strong market momentum. Griffon Reaches New 52-Week High After Strong Earnings
• Neutral Sentiment: Historical financials were recast: Griffon updated fiscal 2023–2025 financial information after strategic AMES transactions. The revisions improve comparability following the company’s portfolio changes, but investors may review the restated figures for any effects on historical trends or reported performance. Griffon Recasts Financials After Strategic AMES Transactions
• Negative Sentiment: Executives sold shares: CEO Ronald J. Kramer sold 100,000 shares for approximately $10.2 million, while COO Robert F. Mehmel sold a combined 37,061 shares worth about $3.8 million. Both sales were made under pre-arranged Rule 10b5-1 plans, and the executives still retain substantial holdings, reducing—but not eliminating—concern about insider selling.

Griffon Company Profile

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.