Griffon (NYSE:GFF) Raised to Strong-Buy at Zacks Research

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

Other equities analysts have also recently issued research reports about the stock. Stephens increased their price objective on shares of Griffon from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday. Wall Street Zen lowered shares of Griffon from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings cut shares of Griffon from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Finally, Robert W. Baird set a $125.00 price target on shares of Griffon in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $122.50.

Griffon Stock Performance

GFF opened at $107.16 on Thursday. The stock has a market cap of $4.85 billion, a PE ratio of 27.34 and a beta of 1.44. The company has a current ratio of 2.41, a quick ratio of 2.43 and a debt-to-equity ratio of 9.75. Griffon has a 1 year low of $65.01 and a 1 year high of $108.57. The stock’s 50 day simple moving average is $91.92 and its 200-day simple moving average is $86.07.

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

Insiders Place Their Bets

In other Griffon news, CEO Ronald J. Kramer sold 100,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $102.42, for a total value of $10,242,000.00. Following the transaction, the chief executive officer owned 1,684,297 shares of the company’s stock, valued at approximately $172,505,698.74. The trade was a 5.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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. Also, COO Robert F. Mehmel sold 14,852 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $105.18, for a total value of $1,562,133.36. Following the sale, the chief operating officer owned 748,839 shares in the company, valued at $78,762,886.02. The trade was a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 over the last ninety days. Insiders own 10.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. increased its position in Griffon by 149.6% in the 4th quarter. Hantz Financial Services Inc. now owns 352 shares of the conglomerate’s stock valued at $26,000 after acquiring an additional 211 shares in the last quarter. Scarborough Advisors LLC bought a new position in shares of Griffon in the first quarter worth about $29,000. Hilton Head Capital Partners LLC acquired a new position in shares of Griffon during the fourth quarter worth approximately $34,000. Caitong International Asset Management Co. Ltd grew its stake in shares of 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 last quarter. Finally, Osterweis Capital Management Inc. acquired a new stake in shares of Griffon in the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 73.22% of the company’s stock.

Griffon News Roundup

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.

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.