Charles Schwab Investment Management Inc. Has $29.97 Million Holdings in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Charles Schwab Investment Management Inc. reduced its holdings in Greenbrier Companies by 4.7%, owning 585,144 shares valued at approximately $29.97 million as of the latest SEC filing.
• Greenbrier Companies reported a quarterly earnings per share of $1.86, exceeding analysts' expectations, alongside a revenue of $842.70 million, marking a 2.7% year-over-year increase.
• The company declared a quarterly dividend of $0.32, resulting in an annualized dividend yield of 2.8% as of the recent payout date.

Charles Schwab Investment Management Inc. lessened its holdings in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 4.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 585,144 shares of the transportation company's stock after selling 29,178 shares during the period. Charles Schwab Investment Management Inc. owned 1.86% of Greenbrier Companies worth $29,971,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. LPL Financial LLC raised its stake in Greenbrier Companies by 4.5% during the fourth quarter. LPL Financial LLC now owns 12,728 shares of the transportation company's stock worth $776,000 after buying an additional 550 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Greenbrier Companies by 9.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 6,516 shares of the transportation company's stock worth $397,000 after buying an additional 548 shares during the last quarter. Sterling Capital Management LLC raised its stake in Greenbrier Companies by 812.3% during the fourth quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock worth $59,000 after buying an additional 861 shares during the last quarter. Marshall Wace LLP raised its stake in Greenbrier Companies by 472.2% during the fourth quarter. Marshall Wace LLP now owns 44,633 shares of the transportation company's stock worth $2,722,000 after buying an additional 36,833 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in Greenbrier Companies by 466.7% during the fourth quarter. Canada Pension Plan Investment Board now owns 1,700 shares of the transportation company's stock worth $104,000 after buying an additional 1,400 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company's stock.

Greenbrier Companies Trading Up 1.2%

NYSE:GBX opened at $46.4590 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82. The firm has a 50-day moving average of $48.07 and a 200-day moving average of $49.22. The company has a market cap of $1.43 billion, a PE ratio of 6.58, a PEG ratio of 1.28 and a beta of 1.69. Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06.

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

Greenbrier Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th were given a $0.32 dividend. The ex-dividend date of this dividend was Thursday, July 17th. This represents a $1.28 annualized dividend and a dividend yield of 2.8%. Greenbrier Companies's payout ratio is 18.13%.

Insider Buying and Selling at Greenbrier Companies

In other news, Director Thomas B. Fargo sold 3,727 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total value of $204,873.19. Following the sale, the director owned 2,141 shares of the company's stock, valued at $117,690.77. The trade was a 63.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James R. Huffines bought 2,500 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average cost of $44.84 per share, for a total transaction of $112,100.00. Following the acquisition, the director directly owned 13,909 shares in the company, valued at $623,679.56. This trade represents a 21.91% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 11,379 shares of company stock worth $595,213. 1.78% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GBX. Susquehanna lifted their target price on shares of Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a research note on Wednesday, July 2nd. Wall Street Zen downgraded shares of Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Greenbrier Companies has a consensus rating of "Hold" and an average target price of $59.50.

About Greenbrier Companies

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.

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