Griffon (NYSE:GFF) CEO Ronald Kramer Sells 100,000 Shares

Griffon Corporation (NYSE:GFF) CEO Ronald Kramer sold 100,000 shares of Griffon 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 sale, the chief executive officer owned 1,684,297 shares in the company, valued at $172,505,698.74. This trade represents a 5.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Griffon Trading Up 0.8%

Shares of Griffon stock opened at $107.16 on Friday. The firm has a market cap of $4.85 billion, a PE ratio of 27.34 and a beta of 1.44. Griffon Corporation has a 1 year low of $65.01 and a 1 year high of $108.57. The company has a debt-to-equity ratio of 9.75, a current ratio of 2.41 and a quick ratio of 2.43. The stock has a fifty day moving average price of $91.92 and a 200-day moving average price of $86.07.

Griffon (NYSE:GFF) last released its quarterly earnings data on Wednesday, August 5th. The conglomerate reported $1.51 EPS for the quarter, beating the consensus estimate of $1.34 by $0.17. The business had revenue of $481.37 million for 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%. The company’s revenue was down 21.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.50 earnings per share. Equities research analysts anticipate that Griffon Corporation will post 5.3 EPS for the current year.

Griffon Announces Dividend

The company also recently announced 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. This represents a $0.88 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, August 31st. Griffon’s dividend payout ratio is 676.92%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Griffon during the second quarter worth approximately $590,633,000. Deutsche Bank AG bought a new position in shares of Griffon during the 2nd quarter valued at $4,170,000. Rice Hall James & Associates LLC purchased a new position in Griffon in the 2nd quarter worth $2,694,000. Trust Co. of Vermont bought a new stake in Griffon in the second quarter worth $237,000. Finally, OneDigital Investment Advisors LLC purchased a new stake in Griffon during the second quarter valued at about $960,000. 73.22% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Trending Headlines about 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.

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.