Griffon Corporation is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. In order to further diversify, Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital.
Company profile
Ticker
GFF
Exchange
Website
CEO
Ronald Kramer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
INSTRUMENT SYSTEMS CORP /DE/
SEC CIK
Corporate docs
Subsidiaries
Clopay Ames Inc. • Clopay Ames LLC • Clopay Ames Holding Corp. • Clopay Corporation • CornellCookson, LLC • Cornell Real Estate Holdings, LLC • Cornell Storefront Systems, Inc. • CC Installation Company, Inc. • The Ames Companies, Inc. • 1346039 Alberta ULC ...
IRS number
111893410
GFF stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
20 Mar 23
10-Q
2023 Q1
Quarterly report
31 Jan 23
8-K
Griffon Corporation Announces First Quarter Results
31 Jan 23
DEF 14A
Definitive proxy
30 Jan 23
8-K
Griffon Corporation Announces Entry Into Cooperation Agreement with Voss Capital
9 Jan 23
10-K
2022 FY
Annual report
17 Nov 22
8-K
Griffon Corporation Announces Annual and Fourth Quarter Results
17 Nov 22
8-K
Griffon Confirms Strategic Alternatives Process is Ongoing
6 Oct 22
10-Q
2022 Q3
Quarterly report
3 Aug 22
8-K
Griffon Corporation Announces Third Quarter Results
28 Jul 22
Transcripts
GFF
Earnings call transcript
2022 Q2
28 Apr 22
GFF
Earnings call transcript
2022 Q1
1 Feb 22
GFF
Earnings call transcript
2021 Q4
16 Nov 21
GFF
Earnings call transcript
2021 Q3
1 Aug 21
GFF
Earnings call transcript
2021 Q2
2 May 21
GFF
Earnings call transcript
2021 Q1
28 Jan 21
GFF
Earnings call transcript
2020 Q4
12 Nov 20
GFF
Earnings call transcript
2020 Q3
2 Aug 20
GFF
Earnings call transcript
2020 Q2
28 Apr 20
GFF
Earnings call transcript
2020 Q1
31 Jan 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Sep 22 | Sep 21 | Sep 20 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| 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) | 120.56 mm | 120.56 mm | 120.56 mm | 120.56 mm | 120.56 mm | 120.56 mm |
| Cash burn (monthly) | (no burn) | 2.56 mm | (no burn) | 13.88 mm | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 7.71 mm | n/a | 41.89 mm | n/a | n/a |
| Cash remaining | n/a | 112.84 mm | n/a | 78.66 mm | n/a | n/a |
| Runway (months of cash) | n/a | 44.2 | n/a | 5.7 | n/a | n/a |
Institutional ownership, Q4 2022
74.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 234 |
| Opened positions | 50 |
| Closed positions | 27 |
| Increased positions | 64 |
| Reduced positions | 85 |
| 13F shares | Current |
|---|---|
| Total value | 1.51 tn |
| Total shares | 42.59 mm |
| Total puts | 500.20 k |
| Total calls | 1.16 mm |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 7.24 mm | $259.08 bn |
| Vanguard | 5.86 mm | $209.84 bn |
| Dimensional Fund Advisors | 3.26 mm | $116.97 bn |
| Voss Capital | 2.89 mm | $103.49 bn |
| Gamco Investors | 2.72 mm | $97.18 bn |
| Allspring Global Investments | 1.82 mm | $64.96 bn |
| STT State Street | 1.67 mm | $59.75 bn |
| Geode Capital Management | 837.60 k | $30.07 bn |
| Gabelli Funds | 767.30 k | $27.46 bn |
| BK Bank Of New York Mellon | 594.09 k | $21.26 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Mar 23 | Jerome L Coben | Common Stock | Grant | Acquire A | No | No | 0 | 3,308 | 0.00 | 19,052 |
| 15 Mar 23 | Cheryl L Turnbull | Common Stock | Grant | Acquire A | No | No | 0 | 3,308 | 0.00 | 37,205 |
| 15 Mar 23 | Henry A Alpert | Common Stock | Grant | Acquire A | No | No | 0 | 3,308 | 0.00 | 80,115 |
| 15 Mar 23 | Johnson Lacy M. | Common Stock | Grant | Acquire A | No | No | 0 | 3,308 | 0.00 | 21,984 |
| 15 Mar 23 | H.C. Charles Diao | Common Stock | Grant | Acquire A | No | No | 0 | 3,308 | 0.00 | 7,554 |