Hotchkis & Wiley Capital Management LLC Raises Position in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Hotchkis & Wiley Capital Management LLC increased its stake in Greenbrier Companies by 5.4%, bringing their total ownership to approximately 1.81%, valued at $29.2 million.
• Greenbrier Companies reported significant earnings, achieving an EPS of $1.86, outperforming analysts' estimates and showing a revenue of $842.7 million for the quarter.
• The company recently paid a quarterly dividend of $0.32, translating to an annualized dividend of $1.28 and a yield of 2.7% for shareholders.

Hotchkis & Wiley Capital Management LLC grew its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 5.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 569,228 shares of the transportation company's stock after acquiring an additional 29,408 shares during the period. Hotchkis & Wiley Capital Management LLC owned about 1.81% of Greenbrier Companies worth $29,156,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GBX. Envestnet Asset Management Inc. grew its position in shares of Greenbrier Companies by 9.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,516 shares of the transportation company's stock valued at $397,000 after acquiring an additional 548 shares during the period. Marshall Wace LLP boosted its holdings in Greenbrier Companies by 472.2% in the 4th 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 period. Canada Pension Plan Investment Board boosted its holdings in Greenbrier Companies by 466.7% in the 4th 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 period. MetLife Investment Management LLC boosted its holdings in Greenbrier Companies by 7.7% in the 4th quarter. MetLife Investment Management LLC now owns 18,515 shares of the transportation company's stock worth $1,129,000 after buying an additional 1,320 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in Greenbrier Companies by 89.6% in the 4th quarter. Hsbc Holdings PLC now owns 18,252 shares of the transportation company's stock worth $1,112,000 after buying an additional 8,627 shares during the period. 95.59% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on GBX. Susquehanna raised their price objective 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $59.50.

Insider Activity at Greenbrier Companies

In other news, Director Thomas B. Fargo sold 3,727 shares of the firm's stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total transaction of $204,873.19. Following the sale, the director owned 2,141 shares in the company, valued at approximately $117,690.77. This trade represents a 63.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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 transaction of $192,000.00. Following the sale, the chief operating officer owned 32,714 shares in the company, valued at approximately $1,570,272. This trade represents a 10.90% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,379 shares of company stock worth $595,213. Corporate insiders own 1.78% of the company's stock.

Greenbrier Companies Price Performance

NYSE GBX traded up $0.37 on Wednesday, hitting $47.14. The stock had a trading volume of 198,846 shares, compared to its average volume of 460,219. Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week 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 company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 6.68, a price-to-earnings-growth ratio of 1.29 and a beta of 1.69. The firm has a 50-day moving average of $48.18 and a 200-day moving average of $48.58.

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 for the quarter, beating the consensus estimate of $0.99 by $0.87. The firm had revenue of $842.70 million for the quarter, compared to analysts' expectations 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 quarter last year, the company posted $1.06 EPS. Greenbrier Companies has set its FY 2025 guidance at EPS. Equities analysts expect that Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th were given a dividend of $0.32 per share. The ex-dividend date 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 18.13%.

Greenbrier Companies 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.