Thrivent Financial for Lutherans Boosts Stake in Griffon Corporation $GFF

Thrivent Financial for Lutherans grew its position in shares of Griffon Corporation (NYSE:GFF) by 172.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 78,286 shares of the conglomerate’s stock after purchasing an additional 49,585 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Griffon were worth $5,962,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Keybank National Association OH purchased a new stake in shares of Griffon during the 3rd quarter valued at $304,000. AlphaQuest LLC boosted its stake in shares of Griffon by 2,273.9% during the 3rd quarter. AlphaQuest LLC now owns 14,457 shares of the conglomerate’s stock valued at $1,101,000 after buying an additional 13,848 shares during the last quarter. Summit Global Investments grew its holdings in Griffon by 11.1% during the 3rd quarter. Summit Global Investments now owns 16,452 shares of the conglomerate’s stock worth $1,253,000 after acquiring an additional 1,639 shares in the last quarter. New York State Common Retirement Fund grew its position in shares of Griffon by 49.4% in the 3rd quarter. New York State Common Retirement Fund now owns 19,774 shares of the conglomerate’s stock worth $1,506,000 after acquiring an additional 6,542 shares in the last quarter. Finally, Riverwater Partners LLC lifted its stake in Griffon by 103.4% during the third quarter. Riverwater Partners LLC now owns 12,948 shares of the conglomerate’s stock worth $986,000 after purchasing an additional 6,581 shares during the last quarter. Hedge funds and other institutional investors own 73.22% of the company’s stock.

Wall Street Analysts Forecast Growth

GFF has been the subject of several research reports. Wall Street Zen raised shares of Griffon from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Zacks Research upgraded Griffon from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. CJS Securities raised Griffon to a “strong-buy” rating in a report on Thursday, December 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Griffon in a research report on Monday, December 29th. Finally, Robert W. Baird set a $108.00 target price on Griffon in a research note on Friday. Three equities 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 company. Based on data from MarketBeat.com, Griffon has a consensus rating of “Buy” and a consensus price target of $97.20.

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

Griffon Trading Up 6.0%

NYSE:GFF opened at $94.95 on Friday. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 103.21, a PEG ratio of 1.30 and a beta of 1.33. The company has a debt-to-equity ratio of 12.36, a quick ratio of 1.34 and a current ratio of 2.55. Griffon Corporation has a 1 year low of $63.92 and a 1 year high of $95.34. The business has a fifty day moving average of $78.99 and a 200-day moving average of $76.75.

Griffon (NYSE:GFF) last announced its earnings results on Thursday, February 5th. The conglomerate reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.11. Griffon had a net margin of 1.76% and a return on equity of 228.83%. The firm had revenue of $649.09 million during the quarter, compared to analyst estimates of $618.35 million. During the same quarter in the prior year, the firm posted $1.39 EPS. Griffon’s revenue was up 2.6% compared to the same quarter last year. Equities analysts predict that Griffon Corporation will post 5.55 earnings per share for the current year.

Griffon Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.88 dividend on an annualized basis and a yield of 0.9%. Griffon’s dividend payout ratio is currently 88.00%.

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.