Griffon Corporation (GFF) Holdings Maintained by Axa

Axa held its position in shares of Griffon Corporation (NYSE:GFF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,220 shares of the conglomerate’s stock at the close of the second quarter. Axa owned about 0.20% of Griffon Corporation worth $2,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of GFF. Strs Ohio raised its position in shares of Griffon Corporation by 4.0% in the 2nd quarter. Strs Ohio now owns 33,500 shares of the conglomerate’s stock worth $735,000 after acquiring an additional 1,300 shares in the last quarter. Great West Life Assurance Co. Can increased its position in Griffon Corporation by 4.9% in the 2nd quarter. Great West Life Assurance Co. Can now owns 45,369 shares of the conglomerate’s stock valued at $993,000 after buying an additional 2,100 shares in the last quarter. Spark Investment Management LLC increased its position in Griffon Corporation by 71.7% in the 2nd quarter. Spark Investment Management LLC now owns 50,300 shares of the conglomerate’s stock valued at $1,104,000 after buying an additional 21,000 shares in the last quarter. Texas Permanent School Fund increased its position in Griffon Corporation by 0.9% in the 2nd quarter. Texas Permanent School Fund now owns 22,785 shares of the conglomerate’s stock valued at $500,000 after buying an additional 200 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in Griffon Corporation by 1.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 250,321 shares of the conglomerate’s stock valued at $5,495,000 after buying an additional 4,196 shares in the last quarter. 68.55% of the stock is owned by hedge funds and other institutional investors.

Separately, BidaskClub lowered Griffon Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th.

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Shares of Griffon Corporation (NYSE:GFF) opened at 20.70 on Thursday. The company has a market capitalization of $862.82 million, a price-to-earnings ratio of 27.31 and a beta of 1.40. The company has a 50-day moving average price of $19.25 and a 200-day moving average price of $21.91. Griffon Corporation has a 12 month low of $16.18 and a 12 month high of $27.15.

Griffon Corporation (NYSE:GFF) last released its quarterly earnings results on Wednesday, August 2nd. The conglomerate reported $0.17 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.08). Griffon Corporation had a return on equity of 8.46% and a net margin of 1.79%. The company had revenue of $473.32 million during the quarter. On average, equities analysts anticipate that Griffon Corporation will post $0.85 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, August 24th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Tuesday, August 22nd. Griffon Corporation’s payout ratio is currently 29.63%.

Griffon Corporation Company Profile

Griffon Corporation is a management and holding company that conducts business through its subsidiaries. The Company operates through three segments: Home & Building Products (HBP), Telephonics Corporation (Telephonics) and Clopay Plastic Products Company, Inc (PPC). The HBP segment consists of two companies: The AMES Companies, Inc (AMES) and Clopay Building Products Company, Inc (CBP).

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Institutional Ownership by Quarter for Griffon Corporation (NYSE:GFF)

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