Brandywine Global Investment Management LLC Boosts Holdings 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 boosted its position in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 20.4% in the first quarter, according to the company in its most recent disclosure 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 quarter. Brandywine Global Investment Management LLC owned approximately 0.36% of Greenbrier Companies worth $5,857,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Quarry LP grew its stake in shares of Greenbrier Companies by 892.7% in the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after acquiring an additional 366 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Greenbrier Companies by 44.7% during the first quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock valued at $35,000 after buying an additional 213 shares during the last quarter. Sterling Capital Management LLC boosted its position in shares of Greenbrier Companies by 812.3% during the fourth quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock valued at $59,000 after buying an additional 861 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Greenbrier Companies during the fourth quarter valued at $65,000. Finally, NBC Securities Inc. boosted its position in shares of Greenbrier Companies by 108,700.0% during the first quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock valued at $55,000 after buying an additional 1,087 shares during the last quarter. 95.59% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Greenbrier Companies

In other news, Director Thomas B. Fargo sold 3,727 shares of Greenbrier Companies stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $54.97, for a total transaction of $204,873.19. Following the transaction, the director directly owned 2,141 shares of the company's stock, valued at $117,690.77. The trade was a 63.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Wanda F. Felton sold 3,652 shares of Greenbrier Companies stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $54.31, for a total value of $198,340.12. Following the transaction, the director directly owned 3,000 shares in the company, valued at approximately $162,930. The trade was a 54.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,379 shares of company stock valued at $595,213. Company insiders own 1.78% of the company's stock.

Greenbrier Companies Stock Performance

NYSE:GBX traded up $1.62 on Friday, hitting $47.43. The stock had a trading volume of 360,234 shares, compared to its average volume of 340,341. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 6.72, a price-to-earnings-growth ratio of 1.33 and a beta of 1.69. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The business's 50-day simple moving average is $48.10 and its two-hundred day simple moving average is $48.85. 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 announced its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.87. The business had revenue of $842.70 million for the quarter, compared to analysts' expectations of $785.72 million. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%.The business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $1.06 earnings per share. Greenbrier Companies has set its FY 2025 guidance at EPS. As a group, research analysts predict that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms recently commented on GBX. Wall Street Zen cut 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 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 given a Sell rating to the company. Based on data from MarketBeat, Greenbrier Companies has an average rating of "Hold" and an average target price of $59.50.

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.