NFJ Investment Group LLC Makes New Investment in Greenbrier Companies, Inc. (The) $GBX

Key Points

• NFJ Investment Group LLC has acquired 28,711 shares of Greenbrier Companies, valued at approximately $1.47 million, representing a 0.09% ownership in the company.
• Greenbrier Companies reported a quarterly earnings exceedance with $1.86 EPS, surpassing estimates by $0.87, along with a revenue increase of 2.7% compared to the previous year.
• Wall Street analysts have upgraded Greenbrier's rating to "strong-buy" and increased the price target from $52.00 to $57.00.

NFJ Investment Group LLC purchased a new stake in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,711 shares of the transportation company's stock, valued at approximately $1,471,000. NFJ Investment Group LLC owned about 0.09% of Greenbrier Companies as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. acquired a new position in Greenbrier Companies in the first quarter valued at approximately $586,000. New York State Teachers Retirement System increased its holdings in shares of Greenbrier Companies by 27.2% during the 1st quarter. New York State Teachers Retirement System now owns 13,848 shares of the transportation company's stock valued at $709,000 after purchasing an additional 2,960 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Greenbrier Companies by 20.5% in the 4th quarter. Northern Trust Corp now owns 389,406 shares of the transportation company's stock valued at $23,750,000 after purchasing an additional 66,185 shares during the period. GAMMA Investing LLC lifted its stake in shares of Greenbrier Companies by 6,100.3% in the 1st quarter. GAMMA Investing LLC now owns 38,876 shares of the transportation company's stock valued at $1,991,000 after purchasing an additional 38,249 shares during the period. Finally, NBC Securities Inc. boosted its holdings in Greenbrier Companies by 108,700.0% during the first quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock worth $55,000 after buying an additional 1,087 shares in the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Greenbrier Companies Price Performance

NYSE GBX traded up $0.82 during trading hours on Thursday, reaching $46.83. The company's stock had a trading volume of 60,870 shares, compared to its average volume of 447,278. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 6.63, a P/E/G ratio of 1.53 and a beta of 1.72. Greenbrier Companies, Inc. has a 1-year low of $37.77 and a 1-year high of $71.06. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82. The company's 50-day moving average is $48.07 and its two-hundred day moving average is $47.68.

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, beating analysts' consensus estimates of $0.99 by $0.87. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%.The business had revenue of $842.70 million during the quarter, compared to analysts' expectations of $785.72 million. During the same quarter in the prior year, the firm earned $1.06 earnings per share. The business's revenue was up 2.7% compared to the same quarter last year. Greenbrier Companies has set its FY 2025 guidance at EPS. On average, equities analysts predict that Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on GBX shares. Susquehanna upped their price target on 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 raised Greenbrier Companies from a "buy" rating to a "strong-buy" rating in a report on Friday, September 5th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Greenbrier Companies currently has a consensus rating of "Hold" and a consensus price target of $59.50.

Insider Transactions at Greenbrier Companies

In other news, COO William J. Krueger sold 4,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $48.00, for a total transaction of $192,000.00. Following the completion of the transaction, the chief operating officer directly owned 32,714 shares in the company, valued at approximately $1,570,272. This represents a 10.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Wanda F. Felton sold 3,652 shares of the business's stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $54.31, for a total value of $198,340.12. Following the completion of the sale, the director directly owned 3,000 shares in the company, valued at approximately $162,930. The trade was a 54.90% decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,379 shares of company stock worth $595,213 over the last three months. 1.78% of the stock is owned by 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.