Greif, Inc. engages in the production and sale of industrial packaging products and services worldwide. It operates in three segments: Global Industrial Packaging; Paper Packaging & Services; and Land Management. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries. This segment also offers flexible intermediate bulk containers and related services to the agriculture, construction, and food industries. The Paper Packaging & Services segment produces and sells containerboards, corrugated sheets and containers, and other corrugated and specialty products to customers in the packaging, automotive, food, and building products markets; and produces and sells coated and uncoated recycled paperboard, and recycled fiber. This segment's corrugated container products are used to ship various products, such as home appliances, small machinery, grocery products, automotive components, books, and furniture, as well as various other applications. The Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use properties. As of October 31, 2021, this segment owned approximately 175,000 acres of timber properties in the southeastern United States. The company was formerly known as Greif Bros. Corporation and changed its name to Greif, Inc. in 2001. Greif, Inc. was founded in 1877 and is headquartered in Delaware, Ohio.
Company profile
Ticker
GEF, GEF-B
Exchange
Website
CEO
Mr. Ole G. Rosgaard
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
APOGEE ENTERPRISES INC
SEC CIK
Corporate docs
Subsidiaries
American Flange & Manufacturing Co. Inc. • Caraustar Industrial and Consumer Products Group, Inc. • Caraustar Recovered Fiber Group, Inc. • ColePak, LLC • Container Life Cycle Management LLC • Greif Packaging LLC • Soterra LLC • Lee Container, LLC • Lee Container Iowa, LLC • Delta Petroleum Company, Inc. ...
IRS number
314388903
GEF stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
4 Oct 24
8-K
Greif Reports Fiscal Third Quarter 2024 Results
3 Sep 24
10-Q
2024 Q3
Quarterly report
29 Aug 24
8-K
Andy Rose Joins Greif Board of Directors
27 Aug 24
8-K
Greif Reports Fiscal Second Quarter 2024 Results
7 Jun 24
10-Q
2024 Q2
Quarterly report
6 Jun 24
8-K
Jillian Evanko Joins Greif Board of Directors
4 Jun 24
SD
Conflict minerals disclosure
31 May 24
8-K
Greif Completes Acquisition of Ipackchem
27 Mar 24
8-K
Greif Reports First Quarter 2024 Results
1 Mar 24
Transcripts
GEF
Earnings call transcript
2024 Q3
29 Aug 24
GEF
Earnings call transcript
2024 Q2
6 Jun 24
GEF
Earnings call transcript
2024 Q1
29 Feb 24
GEF
Earnings call transcript
2023 Q4
7 Dec 23
GEF
Earnings call transcript
2023 Q3
31 Aug 23
GEF
Earnings call transcript
2023 Q3
31 Aug 23
GEF
Earnings call transcript
2023 Q2
8 Jun 23
GEF
Earnings call transcript
2023 Q2
8 Jun 23
GEF
Earnings call transcript
2023 Q1
2 Mar 23
GEF
Earnings call transcript
2022 Q4
8 Dec 22
Latest ownership filings
4
B ANDREW ROSE
27 Aug 24
3
B ANDREW ROSE
27 Aug 24
11-K
Annual report of employee stock purchases
25 Jun 24
4
Jillian C. Evanko
5 Jun 24
3
Jillian C. Evanko
5 Jun 24
4
GARY R MARTZ
8 Apr 24
4
GARY R MARTZ
3 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
4
Timothy Bergwall
22 Mar 24
Financial summary
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Diluted EPS |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 194.20 mm | 194.20 mm | 194.20 mm | 194.20 mm | 194.20 mm | 194.20 mm |
Cash burn (monthly) | 600.00 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.63 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 192.57 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 320.9 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
50.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 245 |
Opened positions | 41 |
Closed positions | 27 |
Increased positions | 92 |
Reduced positions | 72 |
13F shares | Current |
---|---|
Total value | 1.16 tn |
Total shares | 24.41 mm |
Total puts | 67.20 k |
Total calls | 191.10 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 3.19 mm | $183.15 bn |
Vanguard | 3.02 mm | $173.75 bn |
Nicholas Joseph Petitti | 2.32 mm | $161.50 mm |
Dimensional Fund Advisors | 1.87 mm | $107.49 bn |
Fuller & Thaler Asset Management | 1.22 mm | $70.13 bn |
STT State Street | 919.70 k | $53.32 bn |
LSV Asset Management | 905.97 k | $52.07 mm |
Thrivent Financial For Lutherans | 753.81 k | $43.32 mm |
Geode Capital Management | 642.81 k | $36.95 bn |
William Blair Investment Management | 540.33 k | $31.05 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Aug 24 | Rose B Andrew | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,484 | 0.00 | 1,484 |
4 Jun 24 | Evanko Jillian C. | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,465 | 0.00 | 1,465 |
8 Apr 24 | Gary R Martz | Class B Common Stock | Buy | Acquire P | No | No | 68.3656 | 1,807 | 123.54 k | 23,100 |
5 Apr 24 | Gary R Martz | Class B Common Stock | Buy | Acquire P | No | No | 67.4782 | 4,275 | 288.47 k | 21,293 |
4 Apr 24 | Gary R Martz | Class B Common Stock | Buy | Acquire P | No | No | 68.9816 | 4,000 | 275.93 k | 17,018 |
News
Greif Analysts Slash Their Forecasts After Q3 Earnings
30 Aug 24
B of A Securities Maintains Buy on Greif, Lowers Price Target to $73
30 Aug 24
Stifel Reiterates Buy on Greif, Lowers Price Target to $85
30 Aug 24
Truist Securities Reiterates Hold on Greif, Lowers Price Target to $67
30 Aug 24
Greif Q3 2024 Adj. EPS $1.03 Misses $1.14 Estimate, Sales $1.454B Beat $1.433B Estimate
28 Aug 24
Press releases
Vicki Avril-Groves to Step Down from Greif Board of Directors
3 Oct 24
Greif Named to Newsweek's Top 100 Most Loved Workplaces for Fourth Consecutive Year
2 Oct 24
Greif Signs Virtual Power Purchase Agreement with Enel Green Power España to Accelerate Climate Action
25 Sep 24
Greif Opens New IBC Facility in Malaysia
4 Sep 24
Greif Reports Fiscal Third Quarter 2024 Results
28 Aug 24