Robert Mehmel Sells Shares of Griffon Corporation

Griffon Corporation's President and COO, Robert Mehmel, recently sold 3,272 shares of the company in a planned transaction. This sale, which took place on June 15, 2026, was valued at approximately $312,148, with shares sold at an average price of $95.40.

Insider Buying and Selling at Griffon Corporation

In addition to Mehmel's sale, other insider transactions at Griffon Corporation include a planned sale of 5,501 shares by Mehmel on June 12, 2026, at $95.18 per share. Chairman and CEO Ronald Kramer sold 100,000 shares on the same day at an average price of $94.92, though this transaction was not planned. CFO Brian Harris also sold 7,500 shares on June 11, 2026, at $95.03 per share, in a planned sale.

Other Institutional Activity in Griffon Corporation

Several institutional investors have adjusted their positions in Griffon Corporation. BlackRock, Inc. increased its holdings by 28,152 shares, ending with 5,962,365 shares valued at about $433.34 million. Vanguard Portfolio Management LLC initiated a new position with 3,745,114 shares worth around $272.19 million. Voss Capital, LP also grew its stake by 65,000 shares to 1,825,000 shares, valued at $132.64 million. Conversely, State Street Corp reduced its holdings by 36,117 shares, leaving it with 1,499,356 shares valued at approximately $108.97 million.

Griffon Corporation Stock Down 4.8%

Shares of NYSE:GFF traded near $94.73. Griffon Corporation has a market capitalization of $4.34 billion, with a P/E ratio of 92.87 and a forward P/E of 16.46. The stock has a 52-week low of $65.01 and a high of $97.58. Its 50-day moving average is $86.58, and its 200-day moving average is $79.77. The company maintains a current ratio of 2.86 and a quick ratio of 0.72, with a high debt-to-equity ratio of 1562.03.

Recent Earnings

Griffon Corporation reported revenue of $2.53 billion with a slight decline of 1.1% in revenue growth. The company's net margin is 0.29%, and its return on equity is 28.9%. Earnings per share stand at $1.02, and the next earnings report is expected on August 5, 2026.

Dividend

Griffon Corporation pays an annual dividend rate of $0.88, yielding 0.93%. The dividend payout ratio is 78.43%.

Analysts Set New Price Targets

On February 9, 2026, Stephens & Co. maintained their buy rating for Griffon Corporation with a price target of $115. The consensus among analysts is a strong buy, with a mean price target of $118.43 based on seven opinions.

About Griffon Corporation

Griffon Corporation, headquartered in New York, NY, operates in the Industrials sector, specifically in Building Products & Equipment. The company, led by CEO Ronald J. Kramer, employs around 5,100 people. It provides a diverse range of home and building products, including garage doors, garden tools, and home organization products, serving customers across the United States and internationally.

Bottom Line

Robert Mehmel's recent sale of Griffon Corporation shares was part of a planned transaction. Investors often watch insider sales for potential signals, though they can occur for many reasons unrelated to company performance. Griffon Corporation remains a company of interest, with institutional investors adjusting their positions and analysts maintaining a strong buy consensus.