Charles Schwab Investment Management Inc. Lowers Stock 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. reduced its stake in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 4.7% during the first quarter, according to its most recent filing with the SEC. The fund owned 585,144 shares of the transportation company's stock after selling 29,178 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.86% of Greenbrier Companies worth $29,971,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Greenbrier Companies by 6.8% in the 1st quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company's stock worth $193,541,000 after buying an additional 242,180 shares during the last quarter. Raiffeisen Bank International AG boosted its holdings in shares of Greenbrier Companies by 73.5% in the 1st quarter. Raiffeisen Bank International AG now owns 14,703 shares of the transportation company's stock worth $763,000 after buying an additional 6,229 shares during the last quarter. LSV Asset Management boosted its holdings in shares of Greenbrier Companies by 9.1% in the 1st quarter. LSV Asset Management now owns 595,064 shares of the transportation company's stock worth $30,479,000 after buying an additional 49,879 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Greenbrier Companies by 111.1% in the 1st quarter. US Bancorp DE now owns 1,121 shares of the transportation company's stock worth $57,000 after buying an additional 590 shares during the last quarter. Finally, Vestcor Inc purchased a new position in shares of Greenbrier Companies in the 1st quarter worth about $114,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, COO William J. Krueger sold 4,000 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total value of $192,000.00. Following the sale, the chief operating officer directly owned 32,714 shares of the company's stock, valued at approximately $1,570,272. This represents a 10.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director James R. Huffines purchased 2,500 shares of the 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 completion of the acquisition, the director owned 13,909 shares of the company's stock, valued at approximately $623,679.56. This represents a 21.91% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders sold 11,379 shares of company stock valued at $595,213. Corporate insiders own 1.78% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Susquehanna boosted their price target on shares of Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a report on Wednesday, July 2nd. Wall Street Zen downgraded shares of Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a report 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. Based on data from MarketBeat.com, Greenbrier Companies has a consensus rating of "Hold" and a consensus target price of $59.50.

Greenbrier Companies Stock Performance

NYSE GBX traded down $1.2380 during trading on Monday, hitting $46.2520. 218,716 shares of the company's stock traded hands, compared to its average volume of 336,156. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 6.55, a PEG ratio of 1.33 and a beta of 1.69. Greenbrier Companies, Inc. has a 12-month low of $37.77 and a 12-month high of $71.06. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.82 and a current ratio of 1.48. The business has a 50 day moving average of $48.11 and a 200-day moving average of $48.60.

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

Greenbrier Companies Announces Dividend

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

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.