Griffon Corporation's President Sells Over 3,000 Shares

Robert Mehmel, the President and COO of Griffon Corporation, executed a planned sale of 3,018 shares on June 16, 2026. The transaction was valued at approximately $287,882.79, with an average selling price of $95.39 per share.

Insider Buying and Selling at Griffon Corporation

Robert Mehmel has been active in recent weeks, selling a total of 3,018 shares on June 16, 2026, and 5,501 shares on June 12, 2026, among other transactions. These sales were part of planned transactions under Rule 10b5-1. Additionally, CEO Ronald Kramer sold 100,000 shares on June 12, 2026, but this was not a planned sale.

Other Institutional Activity in Griffon Corporation

BlackRock, Inc. slightly increased its stake in Griffon Corporation, adding 28,152 shares to reach a total of 5,962,365 shares, valued at about $433.34 million. Vanguard Portfolio Management LLC acquired 3,745,114 shares, bringing its total to the same number, with a valuation of $272.19 million. Meanwhile, Voss Capital, LP increased its holdings by 65,000 shares to a total of 1,825,000 shares, worth approximately $132.64 million. On the other hand, State Street Corp reduced its position by 36,117 shares, leaving it with 1,499,356 shares valued at $108.97 million.

Griffon Corporation Stock Down 10.0%

Griffon Corporation trades on the NYSE under the ticker GFF, with shares recently priced around $88.84. The company has a market capitalization of $4.07 billion and a P/E ratio of 87.10. Its stock has experienced a 52-week range between $65.01 and $97.58. Griffon's beta is 1.378, indicating a higher volatility compared to the market average.

Recent Earnings

In its latest earnings report, Griffon Corporation posted a revenue of $2.53 billion, though it experienced a slight decline with a revenue growth rate of -1.1%. The company's net margin was 0.29%, and it achieved a return on equity of 28.9%. The next earnings announcement is expected on August 5, 2026.

Analysts Set New Price Targets

Analysts are bullish on Griffon Corporation, with Stephens & Co. maintaining a 'buy' rating and a price target of $115 as of February 9, 2026. The consensus among analysts is a 'strong buy', with a mean target price of $118.43 based on seven opinions.

About Griffon Corporation

Griffon Corporation, headquartered in New York, NY, operates in the industrial sector, focusing on building products and equipment. It provides a variety of home and building products, including garage doors and garden tools, through its subsidiaries in the United States and internationally. The company is led by CEO Ronald J. Kramer and employs about 5,100 people.

Bottom Line

Insider transactions like those by Robert Mehmel provide insight into the leadership's confidence in the company. Investors track these moves for potential signals, although Mehmel's sales were planned. Griffon Corporation remains a strong player in its industry, with analysts maintaining a positive outlook.