Sei Investments Co. Boosts Stock Position in Griffon Corporation $GFF

Sei Investments Co. boosted its holdings in shares of Griffon Corporation (NYSE:GFF) by 55.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,486 shares of the conglomerate’s stock after purchasing an additional 16,642 shares during the quarter. Sei Investments Co. owned about 0.10% of Griffon worth $3,379,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of GFF. Hantz Financial Services Inc. raised its position in shares of Griffon by 149.6% during the 4th quarter. Hantz Financial Services Inc. now owns 352 shares of the conglomerate’s stock valued at $26,000 after buying an additional 211 shares in the last quarter. Scarborough Advisors LLC bought a new stake in Griffon during the first quarter worth approximately $29,000. Hilton Head Capital Partners LLC purchased a new stake in Griffon during the fourth quarter valued at approximately $34,000. Caitong International Asset Management Co. Ltd raised its position in Griffon by 362.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 495 shares of the conglomerate’s stock valued at $36,000 after purchasing an additional 388 shares during the period. Finally, Osterweis Capital Management Inc. bought a new stake in shares of Griffon in the 2nd quarter valued at approximately $37,000. Institutional investors own 73.22% of the company’s stock.

Griffon Stock Performance

Shares of Griffon stock opened at $107.16 on Friday. The company has a quick ratio of 2.43, a current ratio of 2.41 and a debt-to-equity ratio of 9.75. The stock’s fifty day moving average is $91.92 and its two-hundred day moving average is $86.07. Griffon Corporation has a 52 week low of $65.01 and a 52 week high of $108.57. The company has a market capitalization of $4.85 billion, a PE ratio of 27.34 and a beta of 1.44.

Griffon (NYSE:GFF) last released its earnings results on Wednesday, August 5th. The conglomerate reported $1.51 earnings per share for the quarter, topping 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 return on equity of 249.31% and a net margin of 8.08%.The business’s revenue for the quarter was down 21.5% compared to the same quarter last year. During the same period last year, the company earned $1.50 earnings per share. As a group, analysts expect that Griffon Corporation will post 5.3 earnings per share for the current year.

Griffon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Monday, August 31st will be issued a dividend of $0.22 per share. The ex-dividend date is Monday, August 31st. This represents a $0.88 dividend on an annualized basis and a yield of 0.8%. Griffon’s dividend payout ratio (DPR) is presently 676.92%.

Key Stories Impacting Griffon

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.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Wall Street Zen cut Griffon from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings downgraded Griffon from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Zacks Research raised shares of Griffon from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Robert W. Baird set a $125.00 price objective on shares of Griffon in a research report on Thursday. Finally, Stephens increased their target price on shares of Griffon from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Griffon has a consensus rating of “Moderate Buy” and a consensus price target of $122.50.

Insider Transactions at Griffon

In other Griffon news, COO Robert F. Mehmel sold 14,852 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $105.18, for a total value of $1,562,133.36. Following the completion of the sale, the chief operating officer directly owned 748,839 shares of the company’s stock, valued at $78,762,886.02. The trade was a 1.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ronald J. Kramer sold 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $102.42, for a total transaction of $10,242,000.00. Following the transaction, the chief executive officer directly owned 1,684,297 shares in the company, valued at approximately $172,505,698.74. This trade represents a 5.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 266,450 shares of company stock valued at $26,380,753 in the last quarter. 10.20% of the stock is currently owned by company insiders.

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.