Griffon (NYSE:GFF) Releases Earnings Results, Beats Estimates By $0.11 EPS

Griffon (NYSE:GFF) posted its earnings results on Thursday. The conglomerate reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.11, FiscalAI reports. The firm had revenue of $649.09 million for the quarter, compared to the consensus estimate of $618.35 million. Griffon had a net margin of 2.03% and a return on equity of 181.66%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.39 EPS.

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

• Griffon formed a joint venture with ONCAP combining AMES North America with ONCAP’s global tool brands and will receive $100 million cash plus $160 million of second‑lien PIK debt while retaining a 43% ownership stake, with the JV expected to close by the end of June to provide immediate liquidity and a path to unlock longer‑term value.
• Management announced a portfolio reshaping to create a pure‑play North American building products company by combining Hunter Fan into Home & Building Products and pursuing strategic alternatives for AMES Australia and the U.K.; AMES‑related operations will be reported as discontinued starting in Q2 with expected FY‑2026 EBITDA of about $60 million for the discontinued units.
• Q1 operational and capital allocation highlights include $99 million of free cash flow, HBP EBITDA margin of 30.1%, CPP EBITDA up 19%, repurchases of $18 million in the quarter (with $280 million remaining authorization), and a regular quarterly dividend of $0.22 per share.
• Balance sheet and guidance position remain constructive with net debt of $1.26 billion (2.3x leverage after a $60 million Term Loan paydown) and continuing‑operations guidance of $1.8 billion revenue and $520 million adjusted EBITDA, with free cash flow expected to exceed net income.

Griffon Trading Up 3.7%

GFF traded up $3.32 during mid-day trading on Friday, hitting $92.89. 149,552 shares of the stock were exchanged, compared to its average volume of 255,889. The firm’s fifty day moving average is $78.59 and its two-hundred day moving average is $76.63. The company has a current ratio of 2.66, a quick ratio of 1.34 and a debt-to-equity ratio of 18.99. Griffon has a 1-year low of $63.92 and a 1-year high of $93.32. The company has a market cap of $4.33 billion, a PE ratio of 92.89, a PEG ratio of 1.23 and a beta of 1.33.

Griffon Announces Dividend

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

Trending Headlines about Griffon

Here are the key news stories impacting Griffon this week:

• Positive Sentiment: Q1 beat — Griffon reported EPS of $1.45 (vs. $1.34 consensus) and revenue of $649.1M (vs. $618.4M est.), with revenue up ~3% year‑over‑year; the beat is driving near‑term optimism. Griffon Corporation Announces First Quarter Results
• Positive Sentiment: Portfolio refocus — management announced strategic actions to streamline the portfolio and reposition Griffon as a pure‑play North American residential & commercial building‑products company, which could improve valuation multiples if executed. Griffon Corporation Taking Strategic Actions to Maximize Shareholder Value
• Positive Sentiment: Monetization JV — Griffon and ONCAP will form a joint venture combining hand tools, home organization and lawn & garden brands (Bellota, Corona, Burgon & Ball), which may unlock value and crystallize cash proceeds or partnership upside. ONCAP and Griffon Corporation to Form Professional and Consumer Products Joint Venture
• Positive Sentiment: Dividend declared — Griffon announced a $0.22 quarterly dividend (record Feb 27, payable Mar 18), supporting income‑seeking investors (approx. 1.0% yield).
• Neutral Sentiment: Earnings call transcript available — full management commentary and Q&A are posted, useful for assessing margin drivers and the rationale behind the strategic plan. Griffon Corporation (GFF) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Market commentary — several articles highlight improving relative price performance and provide earnings previews/analysis; useful for sentiment context but not new company-specific developments. Griffon shows rising relative price performance; still shy of key benchmark Uncovering Potential: Griffon’s Earnings Preview
• Negative Sentiment: Soft FY‑2026 guidance — the company updated FY‑2026 guidance and the revenue figures reported are materially below the consensus (~$1.8B vs. ~$2.5B street estimate per reports), which could pressure near‑term multiple and raise questions about top‑line trajectory. (Company guidance release)

Institutional Trading of Griffon

Several hedge funds have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC lifted its position in shares of Griffon by 457.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,046 shares of the conglomerate’s stock worth $156,000 after buying an additional 1,679 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Griffon in the third quarter valued at about $312,000. Danske Bank A S purchased a new position in Griffon in the third quarter worth $924,000. Advisory Services Network LLC grew its position in Griffon by 5.4% during the third quarter. Advisory Services Network LLC now owns 11,308 shares of the conglomerate’s stock worth $861,000 after buying an additional 576 shares during the period. Finally, CANADA LIFE ASSURANCE Co boosted its position in Griffon by 1.9% during the third quarter. CANADA LIFE ASSURANCE Co now owns 36,947 shares of the conglomerate’s stock worth $2,791,000 after purchasing an additional 699 shares in the last quarter. Institutional investors and hedge funds own 73.22% of the company’s stock.

Analyst Ratings Changes

GFF has been the subject of a number of recent analyst reports. CJS Securities upgraded Griffon to a “strong-buy” rating in a report on Thursday, December 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Griffon in a research report on Monday, December 29th. Stephens increased their price objective 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. Wall Street Zen raised Griffon from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Finally, Zacks Research upgraded shares of Griffon from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. Three research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $95.60.

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.