Driehaus Capital Management LLC Acquires Shares of 116,475 Greenbrier Companies, Inc. (The) $GBX

Key Points

• Driehaus Capital Management LLC has invested approximately $5.97 million in Greenbrier Companies, acquiring 116,475 shares in the first quarter, which represents about 0.37% of the company's stock.
• Greenbrier Companies reported earnings per share (EPS) of $1.86 for the last quarter, significantly exceeding analysts' expectations of $0.99, with revenue increasing by 2.7% year-over-year.
• The company recently announced a quarterly dividend of $0.32 per share, translating to an annual yield of 2.7%, with a payout ratio currently at 18.13%.

Driehaus Capital Management LLC acquired a new stake in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 116,475 shares of the transportation company's stock, valued at approximately $5,966,000. Driehaus Capital Management LLC owned about 0.37% of Greenbrier Companies as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of GBX. Vanguard Group Inc. increased its stake 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 valued at $193,541,000 after acquiring an additional 242,180 shares in the last quarter. Encompass Capital Advisors LLC increased its stake in Greenbrier Companies by 26.2% in the fourth quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company's stock valued at $56,735,000 after purchasing an additional 193,340 shares in the last quarter. Nuveen LLC acquired a new position in shares of Greenbrier Companies during the first quarter valued at about $6,602,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Greenbrier Companies during the fourth quarter valued at about $6,837,000. Finally, Kovitz Investment Group Partners LLC boosted its position in shares of Greenbrier Companies by 514.1% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 116,144 shares of the transportation company's stock worth $5,949,000 after purchasing an additional 97,231 shares in the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Greenbrier Companies Stock Up 2.1%

Greenbrier Companies stock traded up $0.98 during trading on Thursday, hitting $46.80. 118,899 shares of the company were exchanged, compared to its average volume of 454,521. The company has a market capitalization of $1.45 billion, a P/E ratio of 6.63, a PEG ratio of 1.55 and a beta of 1.72. The business's 50 day moving average is $48.27 and its 200 day moving average is $48.04. Greenbrier Companies, Inc. has a 52 week low of $37.77 and a 52 week high of $71.06. 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 (NYSE:GBX - Get Free Report) last posted its quarterly earnings data on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.99 by $0.87. The firm 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 business's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.06 EPS. Greenbrier Companies has set its FY 2025 guidance at EPS. Analysts predict that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

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 dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, July 17th. This represents a $1.28 annualized dividend and a dividend yield of 2.7%. Greenbrier Companies's dividend payout ratio (DPR) is currently 18.13%.

Insiders Place Their Bets

In other Greenbrier Companies news, Director Wanda F. Felton sold 3,652 shares of the company's stock in a transaction on Friday, July 11th. The stock was sold at an average price of $54.31, for a total value of $198,340.12. Following the completion of the transaction, the director owned 3,000 shares in the company, valued at $162,930. This represents a 54.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO William J. Krueger sold 4,000 shares of the firm's stock in a transaction 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 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 disclosure for this sale can be found here. Insiders have sold 11,379 shares of company stock worth $595,213 over the last 90 days. 1.78% of the stock is currently owned by corporate insiders.

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.