Griffon (NYSE:GFF) Posts Earnings Results

Griffon (NYSE:GFF) posted its earnings results on Wednesday. The conglomerate reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.17, FiscalAI reports. The firm had revenue of $481.37 million for the quarter, compared to the consensus estimate of $457.70 million. Griffon had a return on equity of 298.42% and a net margin of 0.31%.The business’s revenue for the quarter was down 21.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.50 EPS.

Here are the key takeaways from Griffon’s conference call:

• Third-quarter revenue rose 7% organically to $481 million, while adjusted EBITDA increased 2% to $125 million; adjusted EPS was $1.51 versus $1.39 a year ago.
• Griffon maintained fiscal 2026 guidance of $1.8 billion in revenue and $458 million in adjusted EBITDA, with full-year free cash flow expected to exceed net income.
• The Australasia joint venture closed with $181 million in cash, a $49 million note receivable and a 49% equity stake; proceeds helped repay the remaining $285 million term loan, reducing pro forma net leverage to approximately 2.0 times.
• Residential door volume declined slightly amid soft U.S. housing conditions, although commercial volume was flat and fan volume more than offset the residential weakness; management expects seasonal improvement in the fourth quarter.
• Management expects the recent price increase to offset higher raw-material, labor, energy and logistics costs, supporting EBITDA margins of at least 25%, while longer-term housing recovery and commercial applications such as data centers and pharmaceutical facilities could provide operating leverage.

Griffon Stock Up 9.7%

Shares of NYSE:GFF traded up $9.10 on Wednesday, hitting $102.68. 593,594 shares of the company traded hands, compared to its average volume of 350,480. The stock has a 50 day simple moving average of $90.89 and a 200-day simple moving average of $85.65. The company has a quick ratio of 2.43, a current ratio of 2.86 and a debt-to-equity ratio of 14.77. The company has a market cap of $4.71 billion, a PE ratio of 789.88 and a beta of 1.44. Griffon has a 52 week low of $65.01 and a 52 week high of $104.69.

Key Headlines Impacting Griffon

Here are the key news stories impacting Griffon this week:

• Positive Sentiment: Griffon reported fiscal Q3 EPS of $1.51, exceeding analyst expectations of approximately $1.33–$1.34 and slightly above $1.50 a year earlier. Revenue reached $481.4 million, ahead of the $457.7 million consensus estimate and up 7% year over year, driven by favorable pricing and product mix. Griffon Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Adjusted EBITDA from continuing operations rose 2% to $124.8 million. Management attributed revenue growth to a 6% benefit from price and mix and 1% volume growth, primarily from residential markets. Griffon Corporation Announces Third Quarter Results
• Positive Sentiment: The company reduced debt by approximately $137 million during the quarter, bringing net debt-to-EBITDA leverage to 2.2x. Griffon also repurchased 626,000 shares for $53.2 million, supporting per-share value and signaling management confidence. Griffon Q3 Revenue Rises 7 Percent
• Neutral Sentiment: Griffon maintained fiscal 2026 revenue guidance of approximately $1.8 billion and expects adjusted EBITDA of $458 million, broadly in line with consensus. The outlook therefore supports stability but does not represent a major forecast upgrade. Griffon Q3 2026 Earnings Call Transcript
• Negative Sentiment: Insider trading data showed substantially more selling than buying over the past six months, including sales by senior executives. This may temper investor enthusiasm despite the strong quarterly report. Griffon Insider Trading Activity

Analysts Set New Price Targets

GFF has been the subject of a number of research reports. Weiss Ratings downgraded Griffon from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Zacks Research raised shares of Griffon from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Wall Street Zen downgraded shares of Griffon from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Robert W. Baird set a $115.00 price target on shares of Griffon in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Griffon has an average rating of “Moderate Buy” and an average target price of $115.00.

Insider Transactions at Griffon

In other Griffon news, COO Robert F. Mehmel sold 7,873 shares of Griffon stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $96.02, for a total value of $755,965.46. Following the completion of the sale, the chief operating officer owned 790,352 shares of the company’s stock, valued at approximately $75,889,599.04. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ronald J. Kramer sold 100,000 shares of Griffon stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $94.92, for a total value of $9,492,000.00. Following the completion of the sale, the chief executive officer owned 1,784,297 shares of the company’s stock, valued at $169,365,471.24. The trade was a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 129,389 shares of company stock worth $12,309,525. 10.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Griffon

Hedge funds have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC lifted its holdings in shares of Griffon by 48.5% during the 4th quarter. Hsbc Holdings PLC now owns 4,381 shares of the conglomerate’s stock valued at $324,000 after buying an additional 1,430 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Griffon by 3.4% in the fourth quarter. Corient Private Wealth LLC now owns 3,546 shares of the conglomerate’s stock worth $261,000 after acquiring an additional 115 shares during the period. State of Tennessee Department of Treasury increased its position in Griffon by 33.0% during the fourth quarter. State of Tennessee Department of Treasury now owns 26,812 shares of the conglomerate’s stock valued at $2,184,000 after acquiring an additional 6,648 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in Griffon by 41.4% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,002,513 shares of the conglomerate’s stock valued at $73,835,000 after acquiring an additional 293,278 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in Griffon by 57.3% in the fourth quarter. NewEdge Advisors LLC now owns 7,412 shares of the conglomerate’s stock valued at $546,000 after acquiring an additional 2,701 shares during the period. 73.22% of the stock is currently owned by hedge funds and other institutional investors.

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.