Kovitz Investment Group Partners LLC Has $5.95 Million Stock Holdings in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Kovitz Investment Group Partners LLC significantly increased its stake in Greenbrier Companies, purchasing an additional 97,231 shares, resulting in a total ownership of 116,144 shares valued at approximately $5.9 million.
• Greenbrier Companies reported an earnings per share of $1.86 for the latest quarter, exceeding analyst expectations by $0.87, with revenue rising by 2.7% year over year.
• The company has declared a quarterly dividend of $0.32 per share, yielding 2.8%, and boasts a current dividend payout ratio of 18.13%.

Kovitz Investment Group Partners LLC raised its holdings in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 514.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,144 shares of the transportation company's stock after buying an additional 97,231 shares during the quarter. Kovitz Investment Group Partners LLC owned approximately 0.37% of Greenbrier Companies worth $5,949,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in Greenbrier Companies in the 1st quarter worth $86,000. Public Sector Pension Investment Board grew its holdings in shares of Greenbrier Companies by 27.2% during the first quarter. Public Sector Pension Investment Board now owns 99,432 shares of the transportation company's stock valued at $5,093,000 after purchasing an additional 21,262 shares during the last quarter. Nuveen LLC bought a new stake in Greenbrier Companies in the first quarter valued at $6,602,000. Aigen Investment Management LP acquired a new position in Greenbrier Companies during the 1st quarter valued at about $615,000. Finally, Invesco Ltd. grew its holdings in Greenbrier Companies by 17.8% in the 1st quarter. Invesco Ltd. now owns 437,868 shares of the transportation company's stock worth $22,428,000 after buying an additional 66,150 shares in the last quarter. 95.59% of the stock is owned by hedge funds and other institutional investors.

Greenbrier Companies Stock Performance

Shares of GBX stock traded up $1.8350 during trading hours on Friday, reaching $47.6450. 110,283 shares of the company's stock were exchanged, compared to its average volume of 462,711. Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $1.47 billion, a P/E ratio of 6.76, a P/E/G ratio of 1.30 and a beta of 1.69. The business has a fifty day moving average price of $48.06 and a 200-day moving average price of $49.08.

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

Greenbrier Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th were paid a $0.32 dividend. The ex-dividend date was Thursday, July 17th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.7%. Greenbrier Companies's payout ratio is 18.13%.

Wall Street Analyst Weigh In

GBX has been the subject of several research analyst reports. Susquehanna upped 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. Wall Street Zen cut Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Greenbrier Companies currently has a consensus rating of "Hold" and a consensus target price of $59.50.

Insiders Place Their Bets

In other Greenbrier Companies news, Director Thomas B. Fargo sold 3,727 shares of the business's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total value of $204,873.19. Following the completion of the transaction, the director directly owned 2,141 shares of the company's stock, valued at approximately $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 accessible through this hyperlink. Also, COO William J. Krueger sold 4,000 shares of Greenbrier Companies stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $48.00, for a total value of $192,000.00. Following the completion of the sale, the chief operating officer owned 32,714 shares of the company's stock, valued at approximately $1,570,272. The trade was a 10.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,379 shares of company stock valued at $595,213 over the last quarter. 1.78% of the stock is owned by insiders.

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.