Bessemer Group Inc. Increases Position in Griffon Corporation $GFF

Bessemer Group Inc. raised its position in shares of Griffon Corporation (NYSE:GFF) by 123,307.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 191,282 shares of the conglomerate’s stock after buying an additional 191,127 shares during the period. Bessemer Group Inc. owned about 0.41% of Griffon worth $14,565,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of GFF. Royal Bank of Canada boosted its holdings in Griffon by 20.2% during the 1st quarter. Royal Bank of Canada now owns 94,955 shares of the conglomerate’s stock valued at $6,790,000 after acquiring an additional 15,925 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Griffon by 9.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,447 shares of the conglomerate’s stock worth $1,676,000 after purchasing an additional 2,047 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Griffon during the first quarter worth about $49,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Griffon by 21.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,035 shares of the conglomerate’s stock valued at $6,080,000 after purchasing an additional 14,764 shares in the last quarter. Finally, Strs Ohio acquired a new position in shares of Griffon in the first quarter valued at approximately $57,000. Hedge funds and other institutional investors own 73.22% of the company’s stock.

Griffon Price Performance

Shares of NYSE GFF opened at $94.95 on Friday. The stock’s 50-day simple moving average is $78.99 and its 200-day simple moving average is $76.75. The firm has a market capitalization of $4.42 billion, a PE ratio of 103.21, a price-to-earnings-growth ratio of 1.30 and a beta of 1.33. Griffon Corporation has a fifty-two week low of $63.92 and a fifty-two week high of $95.34. The company has a debt-to-equity ratio of 12.36, a quick ratio of 1.34 and a current ratio of 2.55.

Griffon (NYSE:GFF) last announced its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.45 EPS for the quarter, beating the consensus estimate of $1.34 by $0.11. Griffon had a net margin of 1.76% and a return on equity of 228.83%. The company had revenue of $649.09 million for the quarter, compared to analyst estimates of $618.35 million. During the same period in the prior year, the firm posted $1.39 earnings per share. The firm’s revenue was up 2.6% on a year-over-year basis. As a group, equities research analysts forecast that Griffon Corporation will post 5.55 EPS for the current fiscal year.

Griffon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Friday, February 27th will be given a $0.22 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.88 dividend on an annualized basis and a yield of 0.9%. Griffon’s payout ratio is 88.00%.

Analyst Upgrades and Downgrades

GFF has been the subject of several recent research reports. Stephens raised their price target on shares of Griffon from $90.00 to $92.00 and gave the company an “overweight” rating in a research report on Monday, November 24th. Robert W. Baird set a $108.00 price objective on Griffon in a research note on Friday. Wall Street Zen raised Griffon from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Griffon in a research report on Monday, December 29th. Finally, CJS Securities upgraded Griffon to a “strong-buy” rating in a research note on Thursday, December 11th. Three investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $97.20.

More Griffon News

Here are the key news stories impacting Griffon this week:

• Positive Sentiment: Q1 results beat consensus — Griffon reported $1.45 EPS vs. $1.34 expected and revenue of $649.1M vs. ~$618M est., showing y/y revenue growth. The beat reinforces near-term earnings momentum. Griffon’s Earnings & Revenues Top Estimates in Q1
• Positive Sentiment: Portfolio refocus announced — Griffon unveiled strategic actions to streamline into a pure-play North American building products company (garage/sectional doors, ceiling fans), a move positioned to improve focus and long-term valuation. Taking Strategic Actions to Maximize Shareholder Value
• Positive Sentiment: JV with ONCAP — Griffon and ONCAP formed a joint venture combining several tool and garden brands (Bellota, Corona, Burgon & Ball), creating scale in professional & consumer products and potentially monetizing non-core assets. ONCAP and Griffon to Form Joint Venture
• Positive Sentiment: Dividend declared — Griffon announced a $0.22 quarterly dividend (record Feb 27, payable Mar 18), signaling cash return to shareholders and confidence in cash flow. (Yield ~1.0%)
• Neutral Sentiment: Earnings call materials available — Management provided a slide deck and earnings call/transcript for deeper details on results and strategy; useful for validating guidance and margins. Q1 Results – Earnings Call Presentation
• Neutral Sentiment: Market commentary notes improving relative price performance — coverage and press outlets highlight the stock’s run but note it remains below some benchmarks; monitor for continued momentum. Griffon shows rising relative price performance
• Neutral Sentiment: FY guidance entry in feeds appears unclear — some wires referenced an updated FY2026 outlook but the published numbers in the feed are garbled; investors should check Griffon’s official release/10-Q for confirmed guidance. (See company press materials.) Griffon Q1 Press Release / Slide Deck
• Negative Sentiment: Profitability & cost pressure — while revenue rose, net income fell to $64.4M from $70.9M a year ago and management cited cost pressures that compressed margins; watch margin recovery and cost actions. Griffon Announces First Quarter Results

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.