Greif (NYSE:GEF) Given New $90.00 Price Target at Wells Fargo & Company

Greif (NYSE:GEF) had its price target increased by analysts at Wells Fargo & Company from $74.00 to $90.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the industrial products company’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 3.59% from the company’s previous close.

Several other research firms also recently commented on GEF. Weiss Ratings upgraded Greif from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, June 17th. Zacks Research raised Greif from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 21st. Truist Financial cut their price target on Greif from $79.00 to $78.00 and set a “hold” rating on the stock in a research note on Monday, May 4th. Finally, Bank of America downgraded Greif from a “neutral” rating to an “underperform” rating and set a $70.00 price objective for the company. in a report on Tuesday, July 14th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $78.25.

Greif Trading Down 0.4%

GEF stock traded down $0.33 during mid-day trading on Thursday, reaching $86.89. The company had a trading volume of 61,140 shares, compared to its average volume of 223,260. The company has a market capitalization of $4.01 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 0.90 and a beta of 0.76. The firm has a 50 day moving average of $70.87 and a 200 day moving average of $69.98. Greif has a 12 month low of $55.75 and a 12 month high of $88.50. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.28 and a quick ratio of 1.00.

Greif (NYSE:GEF) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.50. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.12 billion. Greif had a net margin of 7.53% and a return on equity of 8.32%. The company’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.86 earnings per share. On average, equities analysts predict that Greif will post 3.81 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Greif news, SVP Timothy Bergwall sold 2,000 shares of the stock in a transaction on Friday, July 10th. The stock was sold at an average price of $73.14, for a total transaction of $146,280.00. Following the sale, the senior vice president owned 63,832 shares of the company’s stock, valued at approximately $4,668,672.48. This trade represents a 3.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,000 shares of company stock worth $412,120 in the last ninety days. 7.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Greif

A number of institutional investors have recently added to or reduced their stakes in GEF. Ameriprise Financial Inc. grew its stake in Greif by 75.5% in the third quarter. Ameriprise Financial Inc. now owns 524,603 shares of the industrial products company’s stock valued at $31,352,000 after purchasing an additional 225,659 shares during the last quarter. Invesco Ltd. lifted its position in shares of Greif by 119.1% during the fourth quarter. Invesco Ltd. now owns 325,951 shares of the industrial products company’s stock valued at $22,067,000 after buying an additional 177,203 shares during the last quarter. EVR Research LP bought a new stake in shares of Greif in the 4th quarter valued at about $11,848,000. Cubist Systematic Strategies LLC bought a new stake in shares of Greif in the 2nd quarter valued at about $6,052,000. Finally, Deprince Race & Zollo Inc. grew its position in shares of Greif by 10.5% in the 4th quarter. Deprince Race & Zollo Inc. now owns 837,742 shares of the industrial products company’s stock worth $56,715,000 after buying an additional 79,813 shares during the last quarter. Institutional investors own 45.74% of the company’s stock.

Key Stories Impacting Greif

Here are the key news stories impacting Greif this week:

• Positive Sentiment: Greif reported fiscal Q3 adjusted earnings of $1.61 per share, well above the $1.11 consensus estimate. Revenue rose 3.5% year over year to $1.17 billion, also exceeding expectations of $1.12 billion. Greif Reports Fiscal Third Quarter 2026 Results
• Positive Sentiment: Management attributed the earnings strength to stronger pricing, cost optimization and reduced interest expense. Earnings increased substantially from $0.86 per share in the year-ago quarter, while the company maintained its existing outlook. Greif Earnings Beat Estimates in Q3 on Pricing and Cost Optimization
• Positive Sentiment: The results reinforce Greif’s recent operating momentum, with a 7.53% net margin and 8.32% return on equity. The earnings beat and intact guidance reduce near-term concerns about profitability and support the stock’s move toward its 52-week high. Greif Sets New 52-Week High on Better-Than-Expected Earnings
• Neutral Sentiment: Greif’s earnings call focused on the quarterly performance and the company’s continued pricing and productivity initiatives. Investors will likely monitor whether these actions can offset broader industrial-demand and input-cost pressures.
• Negative Sentiment: Zacks Research trimmed several longer-term EPS estimates, including forecasts for Q4 2026, fiscal 2027 and fiscal 2028, while retaining a Hold rating. The reductions were modest but suggest analysts remain cautious about the pace of future earnings growth.

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.