Thrivent Financial for Lutherans Increases Position in Griffon Corporation $GFF

Thrivent Financial for Lutherans raised its stake in Griffon Corporation (NYSE:GFF) by 172.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 78,286 shares of the conglomerate’s stock after purchasing an additional 49,585 shares during the period. Thrivent Financial for Lutherans owned 0.17% of Griffon worth $5,962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of GFF. Jane Street Group LLC raised its stake in shares of Griffon by 2,011.3% during the 2nd quarter. Jane Street Group LLC now owns 113,312 shares of the conglomerate’s stock worth $8,200,000 after acquiring an additional 107,945 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Griffon by 52.1% in the second quarter. Ameriprise Financial Inc. now owns 295,657 shares of the conglomerate’s stock worth $21,397,000 after purchasing an additional 101,246 shares during the last quarter. Edgestream Partners L.P. acquired a new position in shares of Griffon during the second quarter worth $5,368,000. Bank of America Corp DE lifted its holdings in shares of Griffon by 32.1% during the 2nd quarter. Bank of America Corp DE now owns 268,521 shares of the conglomerate’s stock valued at $19,433,000 after purchasing an additional 65,235 shares during the last quarter. Finally, Curi Capital LLC acquired a new stake in shares of Griffon in the 2nd quarter worth $4,418,000. 73.22% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Griffon

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 Stock Performance

NYSE GFF opened at $94.95 on Friday. The company has a current ratio of 2.55, a quick ratio of 1.34 and a debt-to-equity ratio of 12.36. The stock has a market cap of $4.42 billion, a PE ratio of 103.21, a P/E/G ratio of 1.30 and a beta of 1.33. The stock has a fifty day simple moving average of $78.99 and a 200-day simple moving average of $76.75. Griffon Corporation has a twelve month low of $63.92 and a twelve month high of $95.34.

Griffon (NYSE:GFF) last released its earnings results on Thursday, February 5th. The conglomerate reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.11. The company had revenue of $649.09 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 EPS. Equities analysts anticipate that Griffon Corporation will post 5.55 earnings per share for the current year.

Griffon Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have commented on GFF. Weiss Ratings reiterated a “hold (c)” rating on shares of Griffon in a research note on Monday, December 29th. Zacks Research raised shares of Griffon from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. CJS Securities raised shares of Griffon to a “strong-buy” rating in a research report on Thursday, December 11th. Wall Street Zen upgraded shares of Griffon from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, Robert W. Baird set a $108.00 price objective on shares of Griffon in a research note on Friday. Three research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $97.20.

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.