GreifGEF
About: Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.
Employees: 12,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
184% more call options, than puts
Call options by funds: $11M | Put options by funds: $3.86M
35% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 72
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
4% more funds holding
Funds holding: 234 [Q1] → 243 (+9) [Q2]
0.21% less ownership
Funds ownership: 86.63% [Q1] → 86.42% (-0.21%) [Q2]
17% less capital invested
Capital invested by funds: $1.54B [Q1] → $1.28B (-$261M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
B of A Securities George Staphos 45% 1-year accuracy 5 / 11 met price target | 8%upside $73 | Buy Maintained | 30 Aug 2024 |
Stifel Brian Butler 67% 1-year accuracy 2 / 3 met price target | 26%upside $85 | Buy Reiterated | 30 Aug 2024 |
Truist Securities Michael Roxland 79% 1-year accuracy 23 / 29 met price target | 1%downside $67 | Hold Reiterated | 30 Aug 2024 |
Stifel Michael Hoffman 81% 1-year accuracy 22 / 27 met price target | 31%upside $88 | Buy Reiterated | 26 Aug 2024 |
Wells Fargo Gabe Hajde 67% 1-year accuracy 14 / 21 met price target | 13%upside $76 | Overweight Maintained | 26 Aug 2024 |
