Bessemer Group Inc. Grows Position in Griffon Corporation $GFF

Bessemer Group Inc. raised its position in Griffon Corporation (NYSE:GFF) by 123,307.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 191,282 shares of the conglomerate’s stock after purchasing an additional 191,127 shares during the period. Bessemer Group Inc.’s holdings in Griffon were worth $14,565,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of GFF. AlphaQuest LLC grew its stake in shares of Griffon by 2,273.9% in the 3rd quarter. AlphaQuest LLC now owns 14,457 shares of the conglomerate’s stock valued at $1,101,000 after purchasing an additional 13,848 shares during the last quarter. Arcadia Investment Management Corp MI lifted its holdings in shares of Griffon by 43.2% during the second quarter. Arcadia Investment Management Corp MI now owns 42,701 shares of the conglomerate’s stock worth $3,090,000 after purchasing an additional 12,890 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Griffon by 11.3% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 86,500 shares of the conglomerate’s stock worth $6,587,000 after purchasing an additional 8,773 shares during the period. First Citizens Bank & Trust Co. grew its position in Griffon by 200.9% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 8,963 shares of the conglomerate’s stock valued at $649,000 after buying an additional 5,984 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Griffon by 114.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,259 shares of the conglomerate’s stock valued at $453,000 after buying an additional 3,339 shares during the period. 73.22% of the stock is currently owned by hedge funds and other institutional investors.

Griffon News Roundup

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on GFF shares. Stephens lifted their target price on shares of Griffon from $90.00 to $92.00 and gave the company an “overweight” rating in a report on Monday, November 24th. Robert W. Baird set a $108.00 price objective on Griffon in a report on Friday. CJS Securities upgraded Griffon to a “strong-buy” rating in a research report on Thursday, December 11th. Zacks Research raised Griffon from a “strong sell” rating to a “hold” rating in a report on Monday, January 19th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Griffon in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $97.20.

Griffon Price Performance

Shares of NYSE:GFF opened at $94.95 on Friday. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 103.21, a price-to-earnings-growth ratio of 1.30 and a beta of 1.33. The company has a debt-to-equity ratio of 12.36, a current ratio of 2.55 and a quick ratio of 1.34. The business’s 50 day simple moving average is $78.99 and its 200-day simple moving average is $76.75. Griffon Corporation has a 12 month low of $63.92 and a 12 month high of $95.34.

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

Griffon Announces Dividend

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

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.