Griffon (NYSE:GFF) COO Sells $451,143.96 in Stock

Posted by Geri Gentry on Jun 29th, 2026

Griffon Corporation (NYSE:GFF – Get Free Report) COO Robert Mehmel sold 4,726 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $95.46, for a total value of $451,143.96. Following the transaction, the chief operating officer owned 798,225 shares of the company’s stock, valued at approximately $76,198,558.50. This trade represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Griffon Stock Up 0.2%

GFF opened at $96.56 on Monday. The business has a 50 day moving average of $88.87 and a 200-day moving average of $82.87. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 742.86 and a beta of 1.42. The company has a current ratio of 2.86, a quick ratio of 2.43 and a debt-to-equity ratio of 14.77. Griffon Corporation has a 1-year low of $65.01 and a 1-year high of $97.70.

Griffon (NYSE:GFF – Get Free Report) last announced its earnings results on Thursday, May 7th. The conglomerate reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The business had revenue of $421.86 million for the quarter, compared to analyst estimates of $414.63 million. Griffon had a net margin of 0.31% and a return on equity of 298.42%. Griffon’s revenue was down 31.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.23 earnings per share. As a group, sell-side analysts anticipate that Griffon Corporation will post 5.17 earnings per share for the current year.

Griffon Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Friday, May 29th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.9%. The ex-dividend date was Friday, May 29th. Griffon’s dividend payout ratio (DPR) is currently 676.92%.

Hedge Funds Weigh In On Griffon

Hedge funds have recently modified their holdings of the stock. Corient Private Wealth LLC lifted its position in shares of Griffon by 3.4% during the 4th quarter. Corient Private Wealth LLC now owns 3,546 shares of the conglomerate’s stock worth $261,000 after buying an additional 115 shares during the period. O Shaughnessy Asset Management LLC grew its position in Griffon by 1.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 10,299 shares of the conglomerate’s stock valued at $759,000 after acquiring an additional 132 shares during the period. Oregon Public Employees Retirement Fund raised its stake in Griffon by 1.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 8,929 shares of the conglomerate’s stock worth $658,000 after acquiring an additional 136 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Griffon by 30.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 585 shares of the conglomerate’s stock valued at $43,000 after acquiring an additional 137 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Griffon by 33.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 572 shares of the conglomerate’s stock valued at $41,000 after purchasing an additional 142 shares in the last quarter. 73.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Weiss Ratings lowered shares of Griffon from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Wall Street Zen cut Griffon from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Robert W. Baird set a $115.00 price objective on Griffon in a report on Friday, May 8th. Finally, Zacks Research upgraded Griffon from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $115.00.

View Our Latest Analysis on GFF

Griffon Company Profile

(Get Free Report)

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.