Brandywine Global Investment Management LLC Grows Stake in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Brandywine Global Investment Management LLC has increased its holdings in Greenbrier Companies by 20.4%, now owning 114,353 shares valued at approximately $5.9 million.
• Greenbrier Companies reported a quarterly earnings per share (EPS) of $1.86, exceeding analysts' expectations, and its revenue rose by 2.7% year-over-year.
• The company recently declared a quarterly dividend of $0.32, reflecting a 2.8% dividend yield and a payout ratio of 18.13%.

Brandywine Global Investment Management LLC grew its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 20.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 114,353 shares of the transportation company's stock after purchasing an additional 19,348 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.36% of Greenbrier Companies worth $5,857,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fox Run Management L.L.C. boosted its position in Greenbrier Companies by 2.1% during the 1st quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company's stock valued at $833,000 after acquiring an additional 327 shares in the last quarter. Kovitz Investment Group Partners LLC grew its position in shares of Greenbrier Companies by 514.1% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 116,144 shares of the transportation company's stock worth $5,949,000 after buying an additional 97,231 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in Greenbrier Companies during the 1st quarter valued at about $86,000. Public Sector Pension Investment Board grew its holdings in Greenbrier Companies by 27.2% in the first quarter. Public Sector Pension Investment Board now owns 99,432 shares of the transportation company's stock worth $5,093,000 after purchasing an additional 21,262 shares during the period. Finally, Nuveen LLC bought a new position in shares of Greenbrier Companies during the first quarter valued at approximately $6,602,000. Hedge funds and other institutional investors own 95.59% of the company's stock.

Greenbrier Companies Stock Performance

NYSE:GBX traded up $1.6650 during trading hours on Friday, reaching $47.4750. The company had a trading volume of 240,528 shares, compared to its average volume of 463,531. The firm's 50 day moving average price is $48.06 and its 200-day moving average price is $49.08. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 6.72, a PEG ratio of 1.30 and a beta of 1.69. The company has a current ratio of 1.48, a quick ratio of 0.82 and a debt-to-equity ratio of 0.83. Greenbrier Companies, Inc. has a 52 week low of $37.77 and a 52 week high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.99 by $0.87. The company 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 revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.06 earnings per share. Greenbrier Companies has set its FY 2025 guidance at EPS. On average, analysts forecast that Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th were given a $0.32 dividend. The ex-dividend date was Thursday, July 17th. This represents a $1.28 annualized dividend and a yield of 2.7%. Greenbrier Companies's dividend payout ratio (DPR) is presently 18.13%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wall Street Zen lowered Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Susquehanna increased their price objective on shares of Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research report on Wednesday, July 2nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Greenbrier Companies currently has an average rating of "Hold" and an average target price of $59.50.

Insider Buying and Selling at Greenbrier Companies

In related news, Director James R. Huffines acquired 2,500 shares of Greenbrier Companies stock in a transaction dated Friday, August 8th. The stock was purchased at an average cost of $44.84 per share, for a total transaction of $112,100.00. Following the purchase, the director directly owned 13,909 shares of the company's stock, valued at approximately $623,679.56. This trade represents a 21.91% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Thomas B. Fargo sold 3,727 shares of the company's stock in a transaction dated 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 owned 2,141 shares of the company's stock, valued at approximately $117,690.77. The trade was a 63.51% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,379 shares of company stock worth $595,213. 1.78% of the stock is currently owned by insiders.

Greenbrier Companies Company 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.