Public Sector Pension Investment Board Has $5.09 Million Stake in Greenbrier Companies, Inc. (The) $GBX

Key Points

• The Public Sector Pension Investment Board increased its stake in Greenbrier Companies by 27.2% in the first quarter, owning 99,432 shares valued at approximately $5.1 million by the end of the period.
• Greenbrier Companies reported a strong quarterly performance, with earnings per share of $1.86, significantly surpassing the consensus estimate of $0.99, and a revenue of $842.7 million.
• The company announced a quarterly dividend of $0.32 per share, yielding 2.8%, and maintaining a modest payout ratio of 18.13%.

Public Sector Pension Investment Board increased its stake in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 27.2% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 99,432 shares of the transportation company's stock after buying an additional 21,262 shares during the period. Public Sector Pension Investment Board owned 0.32% of Greenbrier Companies worth $5,093,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in GBX. Vanguard Group Inc. raised its holdings in 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 purchasing an additional 242,180 shares during the period. Encompass Capital Advisors LLC lifted its holdings in shares of Greenbrier Companies by 26.2% in the 4th quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company's stock valued at $56,735,000 after acquiring an additional 193,340 shares during the last quarter. LSV Asset Management lifted its stake in Greenbrier Companies by 9.1% in the first quarter. LSV Asset Management now owns 595,064 shares of the transportation company's stock worth $30,479,000 after purchasing an additional 49,879 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Greenbrier Companies by 2.0% in the fourth quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company's stock worth $32,714,000 after purchasing an additional 10,521 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Greenbrier Companies by 4.5% during the first quarter. Victory Capital Management Inc. now owns 525,908 shares of the transportation company's stock valued at $26,937,000 after acquiring an additional 22,838 shares in the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on GBX. Susquehanna lifted 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 research note on Saturday, August 9th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Greenbrier Companies presently has an average rating of "Hold" and an average target price of $59.50.

Insiders Place Their Bets

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 stock was sold at an average price of $54.97, for a total transaction of $204,873.19. Following the completion of the sale, the director owned 2,141 shares in the company, valued at $117,690.77. The trade was a 63.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Wanda F. Felton sold 3,652 shares of the 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 transaction, the director owned 3,000 shares in the company, valued at $162,930. The trade was a 54.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,379 shares of company stock worth $595,213 over the last ninety days. 1.78% of the stock is currently owned by corporate insiders.

Greenbrier Companies Trading Up 3.8%

Shares of GBX stock traded up $1.7350 on Friday, reaching $47.5450. The company had a trading volume of 61,480 shares, compared to its average volume of 462,389. The company has a 50-day moving average of $48.06 and a 200-day moving average of $49.08. The company has a current ratio of 1.48, a quick ratio of 0.82 and a debt-to-equity ratio of 0.83. The stock has a market cap of $1.47 billion, a PE ratio of 6.74, a PEG ratio of 1.30 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.

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

Greenbrier Companies Announces Dividend

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