Robert Mehmel Sells Griffon Corporation Shares

Griffon Corporation's President and COO, Robert Mehmel, sold 7,873 shares of the company on June 25, 2026. The shares were sold at an average price of $96.02 each, amounting to a total transaction value of approximately $755,991. This sale was part of a pre-planned trading program.

Insider Buying and Selling at Griffon Corporation

Robert Mehmel, Griffon's President and COO, has been active in selling company shares throughout June 2026. On June 25, he sold 7,873 shares at an average price of $96.02. Earlier in the month, Mehmel made several sales, including 4,726 shares on June 24 at $95.46 and 3,018 shares on June 16 at $95.39, all under planned transactions.

Other Institutional Activity in Griffon Corporation

Institutional investors have shown varied interest in Griffon Corporation. BlackRock, Inc. increased its holdings by 28,152 shares, bringing its total to 5,962,365 shares valued at approximately $433.3 million, a 0.5% increase. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both initiated new positions, acquiring 3,745,114 shares and 1,918,661 shares, respectively. Meanwhile, Voss Capital, LP boosted its stake by 65,000 shares to 1,825,000 shares, marking a 3.7% increase. On the other hand, State Street Corp and Dimensional Fund Advisors LP reduced their positions, with State Street cutting 36,117 shares and Dimensional Fund Advisors shedding 37,006 shares.

Griffon Corporation Stock Down 2.4%

Shares of NYSE:GFF traded near $96.42 on Saturday. Griffon Corporation boasts a market capitalization of $4.42 billion and a P/E ratio of 94.53, with a forward P/E of 16.76. The stock has seen a 52-week low of $65.01 and a high of $97.70. It has a 50-day moving average of $88.93 and a 200-day moving average of $80.33. The company's current ratio is 2.86, with a quick ratio of 0.72 and a debt-to-equity ratio of 1562.03.

Recent Earnings

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

Dividend

Griffon Corporation offers an annual dividend rate of $0.88, yielding 0.91%. The company maintains a dividend payout ratio of 78.43%.

Analysts Set New Price Targets

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

About Griffon Corporation

Griffon Corporation operates in the industrial sector, focusing on building products and equipment. Headquartered in New York, the company provides a range of home and building products, including garage doors, rolling steel doors, and consumer tools. Led by CEO Ronald J. Kramer, Griffon employs around 5,100 people and serves markets across the United States and internationally.

Bottom Line

Robert Mehmel's recent sale of Griffon Corporation shares was part of a planned transaction, reflecting his strategic financial planning. Griffon remains a company of interest with its diverse product offerings and international reach. Investors should note that insider transactions like these are disclosed after they occur, providing a historical view rather than a current snapshot.