Griffon Corporation's President Sells Shares

On June 24, 2026, Robert Mehmel, President and COO of Griffon Corporation, sold 4,726 shares of the company. The shares were sold at an average price of $95.46 each, totaling approximately $451,154.83. This transaction was part of a pre-arranged trading plan under Rule 10b5-1, allowing insiders to sell stock at predetermined times.

Other Institutional Activity in Griffon Corporation

Griffon Corporation has seen varied institutional interest recently. BlackRock, Inc. increased its holdings in the company by 28,152 shares, bringing its total to 5,962,365 shares valued at about $433.3 million. Vanguard Portfolio Management LLC opened a new position with 3,745,114 shares worth approximately $272.2 million. Similarly, Vanguard Capital Management LLC also initiated a new stake, acquiring 1,918,661 shares valued at around $139.4 million. Meanwhile, Voss Capital, LP added 65,000 shares, raising its stake by 3.7% to 1,825,000 shares with a value of $132.6 million. In contrast, State Street Corp reduced its position by 36,117 shares, now holding 1,499,356 shares valued at about $109 million.

Griffon Corporation Stock Down 2.4%

On Saturday, shares of NYSE:GFF traded near $96.42. Griffon Corporation, with a market cap of approximately $4.42 billion, has a P/E ratio of 94.5 and a forward P/E of 16.8. The stock's 52-week range is between $65.01 and $97.70. Its 50-day moving average stands at $88.93, while the 200-day moving average is $80.33. The company has a current ratio of 2.86 and a quick ratio of 0.72, with a debt-to-equity ratio of 1562.03.

Recent Earnings

Griffon Corporation reported revenue of about $2.53 billion, with a slight decline of 1.1% in revenue growth. The company achieved an EPS of $1.02, a net margin of 0.29%, and a return on equity of 28.9%. The next earnings report is expected on August 5, 2026.

Dividend

Griffon Corporation pays an annual dividend rate of $0.88, yielding 0.91%. The dividend payout ratio is 78.43%.

Insider Buying and Selling at Griffon Corporation

Robert Mehmel, President and COO of Griffon Corporation, has been active in selling shares. On June 25, 2026, he sold 7,873 shares at an average price of $96.02. Earlier, he sold 547 shares on June 17, 3,018 shares on June 16, 3,272 shares on June 15, and 5,501 shares on June 12, all under a planned trading schedule.

Analysts Set New Price Targets

On February 9, 2026, Stephens & Co. maintained its 'buy' rating on Griffon Corporation with a price target of $115. The consensus among analysts is a 'buy' rating, with a mean target price of $118.43 based on 7 opinions.

About Griffon Corporation

Griffon Corporation operates in the industrial sector, focusing on building products and equipment. Headquartered in New York, NY, the company provides a range of home and building products, such as garage doors and shutters, as well as consumer products like tools and hoses. Led by CEO Ronald J. Kramer, Griffon has a global presence, serving markets across the United States, Europe, and other regions with approximately 5,100 employees.

Bottom Line

Griffon Corporation's recent insider sales by its President, Robert Mehmel, occurred under a planned trading program, not necessarily indicating a lack of confidence in the company. With its stock trading near its 52-week high and varied institutional interest, Griffon remains a company to watch. Investors should remember that insider trades are reported after they happen, and may not reflect current insider sentiment.