Caisse DE Depot ET Placement DU Quebec Makes New Investment in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Caisse DE Depot ET Placement DU Quebec purchased 78,300 shares of Greenbrier Companies, valued at approximately $4,011,000, representing about 0.25% ownership in the company.
• Greenbrier Companies reported earnings of $1.86 EPS for the last quarter, significantly surpassing analysts' expectations, with quarterly revenue rising to $842.70 million.
• The company recently announced a $0.32 quarterly dividend, reflecting an annualized yield of 2.7%, and has a payout ratio of 18.13%.

Caisse DE Depot ET Placement DU Quebec purchased a new stake in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 78,300 shares of the transportation company's stock, valued at approximately $4,011,000. Caisse DE Depot ET Placement DU Quebec owned 0.25% of Greenbrier Companies as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Quarry LP lifted its stake in shares of Greenbrier Companies by 892.7% in the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after purchasing an additional 366 shares during the period. Versant Capital Management Inc lifted its stake in shares of Greenbrier Companies by 44.7% in the 1st quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock valued at $35,000 after purchasing an additional 213 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of Greenbrier Companies in the 4th quarter valued at $65,000. NBC Securities Inc. lifted its stake in shares of Greenbrier Companies by 108,700.0% in the 1st quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock valued at $55,000 after purchasing an additional 1,087 shares during the period. Finally, Curat Global LLC acquired a new position in shares of Greenbrier Companies in the 1st quarter valued at $56,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Greenbrier Companies Stock Down 1.0%

Shares of GBX traded down $0.47 during midday trading on Tuesday, hitting $46.17. The stock had a trading volume of 95,161 shares, compared to its average volume of 455,262. The company has a 50 day simple moving average of $48.25 and a two-hundred day simple moving average of $48.07. Greenbrier Companies, Inc. has a twelve month low of $37.77 and a twelve month high of $71.06. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 6.53, a price-to-earnings-growth ratio of 1.30 and a beta of 1.72. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.87. The business had revenue of $842.70 million for the quarter, compared to the consensus estimate of $785.72 million. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%.Greenbrier Companies's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.06 earnings per share. Greenbrier Companies has set its FY 2025 guidance at EPS. On average, analysts anticipate that Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were issued a dividend of $0.32 per share. The ex-dividend date was Thursday, July 17th. This represents a $1.28 dividend on an annualized basis and a yield of 2.8%. Greenbrier Companies's dividend payout ratio (DPR) is presently 18.13%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Wall Street Zen downgraded Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Susquehanna increased their price target on Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research note on Wednesday, July 2nd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Greenbrier Companies presently has a consensus rating of "Hold" and a consensus target price of $59.50.

Insiders Place Their Bets

In related news, Director Thomas B. Fargo sold 3,727 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $54.97, for a total value of $204,873.19. Following the completion of the sale, the director directly owned 2,141 shares in the company, valued at approximately $117,690.77. The trade was a 63.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO William J. Krueger sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total value of $192,000.00. Following the completion of the sale, the chief operating officer owned 32,714 shares of the company's stock, valued at approximately $1,570,272. This trade represents a 10.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,379 shares of company stock worth $595,213. Company insiders own 1.78% of the company's stock.

Greenbrier Companies Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.