Vanguard Group Inc. Raises Position in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Vanguard Group Inc. increased its position in Greenbrier Companies by 6.8%, acquiring an additional 242,180 shares for a total of 3,778,630 shares, valued at approximately $193.54 million.
• Several institutional investors have made substantial changes to their holdings in Greenbrier, with some firms increasing their stakes by over 800% in the last quarter.
• Greenbrier recently announced a quarterly dividend of $0.32 per share, representing a yield of 2.8% and a payout ratio of 18.13%.

Vanguard Group Inc. grew its position in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 6.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,778,630 shares of the transportation company's stock after acquiring an additional 242,180 shares during the period. Vanguard Group Inc. owned about 12.04% of Greenbrier Companies worth $193,541,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in GBX. LPL Financial LLC boosted its holdings in shares of Greenbrier Companies by 4.5% in the fourth quarter. LPL Financial LLC now owns 12,728 shares of the transportation company's stock valued at $776,000 after acquiring an additional 550 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Greenbrier Companies by 9.2% in the fourth 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 in the last quarter. Sterling Capital Management LLC boosted its holdings in shares of Greenbrier Companies by 812.3% in the fourth quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock valued at $59,000 after acquiring an additional 861 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of Greenbrier Companies by 472.2% in the fourth quarter. Marshall Wace LLP now owns 44,633 shares of the transportation company's stock valued at $2,722,000 after acquiring an additional 36,833 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Greenbrier Companies by 466.7% in the fourth quarter. Canada Pension Plan Investment Board now owns 1,700 shares of the transportation company's stock valued at $104,000 after purchasing an additional 1,400 shares during the period. Hedge funds and other institutional investors own 95.59% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on GBX shares. Wall Street Zen cut shares of Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Susquehanna raised their price objective on shares of Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research note 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. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $59.50.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, Director James R. Huffines bought 2,500 shares of the business's stock in a transaction on Friday, August 8th. The stock was bought at an average price of $44.84 per share, for a total transaction of $112,100.00. Following the completion of the transaction, the director owned 13,909 shares in the company, valued at approximately $623,679.56. The trade was a 21.91% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas B. Fargo sold 3,727 shares of Greenbrier Companies stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $54.97, for a total transaction of $204,873.19. Following the transaction, the director owned 2,141 shares of the company's stock, valued at approximately $117,690.77. The trade was a 63.51% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,379 shares of company stock worth $595,213. 1.78% of the stock is currently owned by insiders.

Greenbrier Companies Stock Performance

Shares of GBX opened at $46.4590 on Wednesday. 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 $1.43 billion, a P/E ratio of 6.58, a PEG ratio of 1.28 and a beta of 1.69. The company has a 50-day moving average of $48.07 and a two-hundred day moving average of $49.22. 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.99 by $0.87. The company had revenue of $842.70 million during 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 firm's quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.06 earnings per share. Greenbrier Companies has set its FY 2025 guidance at EPS. As a group, research analysts predict that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm 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 was Thursday, July 17th. This represents a $1.28 dividend on an annualized basis and a yield of 2.8%. Greenbrier Companies's payout ratio is presently 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.

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