Latest News on GFF

Financial News Based On Company


Advertisement
Advertisement

Griffon Corporation Finalizes $800 Million Senior Notes Offering with Key Terms and Guarantors

https://kalkinemedia.com/us/news/announcements/griffon-corporation-finalizes-800-million-senior-notes-offering-with-key-terms-and-guarantors
Griffon Corporation announced the successful closing of its $800 million senior notes offering at 6.25% due October 1, 2034, generating net proceeds of approximately $792 million. The notes were privately placed and are guaranteed by seven initial entities, with interest payable semi-annually. The offering includes provisions for optional redemption starting in 2029 and a change of control repurchase clause, along with specific covenants for Griffon and its subsidiaries.

Form 8K Griffon Corp For: 19 August By Investing.com

https://in.investing.com/news/stock-market-news/form-8k-griffon-corp-for-19-august-93CH-5564320
This article announces that Griffon Corp filed a Form 8K on August 19. The content provided is minimal, only stating the filing and including stock market data and other news. There are no details within the article regarding the contents of the Form 8K.

Griffon (NYSE: GFF) raises $800M in notes, secures $500M credit line

https://www.stocktitan.net/sec-filings/GFF/8-k-griffon-corp-reports-material-event-20b1ddde76cb.html
Griffon Corporation has successfully completed a private offering of $800 million in 6.25% senior notes due October 1, 2034, generating approximately $792 million in net proceeds. Concurrently, the company secured a new $500 million revolving credit facility, maturing August 18, 2031, which refinances its existing commitments and includes a $125 million letter-of-credit sub-facility and a $200 million multicurrency sub-facility. This financial restructuring is detailed in an 8-K filing, outlining the terms of the notes and the credit facility, including financial covenants tied to leverage ratios.

Griffon Completes $800 Million Notes and Extends $500 Million Credit Facility to 2031

https://www.tradingview.com/news/tradingview:072297d1faedd:0-griffon-completes-800-million-notes-and-extends-500-million-credit-facility-to-2031/
Griffon Corporation has successfully completed an $800 million private offering of 6.25% senior notes due 2034 and extended its $500 million revolving credit facility with Bank of America until August 18, 2031. These transactions aim to refinance existing debt, extend maturities, and enhance the company's liquidity while simplifying covenants. The senior notes are unsecured with subsidiary guarantees, and the credit facility includes sub-limits for letters of credit and multicurrency usage.

Form 8K Griffon Corp For: 19 August By Investing.com

https://ca.investing.com/news/stock-market-news/form-8k-griffon-corp-for-19-august-93CH-4808818
This article reports that Griffon Corp (GFF) filed a Form 8K for August 19. The brief announcement provides no further details on the content of the filing. It merely serves as a notification of the filing's existence.
Advertisement

ETFs Investing in Griffon Corporation Stocks

https://www.tradingview.com/symbols/DUS-GFF/etfs/
This article lists numerous ETFs that hold Griffon Corporation (GFF) stocks, providing details such as market value, weight in the ETF, issuer, management style, focus, expense ratio, AUM, price, change, relative volume, and 3-year NAV total return for each fund. The ETFs primarily focus on small-cap and extended market segments, with BlackRock, Vanguard, and State Street Corp. being among the prominent issuers. The information aims to assist investors interested in GFF stocks by showing how various funds incorporate them into their portfolios.

Rice Hall James & Associates LLC Takes $2.69 Million Position in Griffon Corporation $GFF

https://www.marketbeat.com/instant-alerts/filing-rice-hall-james-associates-llc-takes-269-million-position-in-griffon-corporation-gff-2026-08-19/
Rice Hall James & Associates LLC has acquired a significant position in Griffon Corporation, purchasing 27,623 shares valued at approximately $2.69 million, making them one of several institutional investors in the company. Griffon (NYSE:GFF) reported strong quarterly earnings, exceeding expectations with $1.51 EPS, despite a 21.5% year-over-year revenue decline. Analyst sentiment remains positive with a consensus "Buy" rating and a $122.50 price target, though insiders have sold nearly $29.8 million worth of stock recently.

OneDigital Investment Advisors LLC Makes New Investment in Griffon Corporation $GFF

https://www.marketbeat.com/instant-alerts/filing-onedigital-investment-advisors-llc-makes-new-investment-in-griffon-corporation-gff-2026-08-18/
OneDigital Investment Advisors LLC has invested in Griffon Corporation, acquiring 9,848 shares valued at approximately $960,000. This investment contributes to the 73.22% institutional ownership of Griffon. The company recently exceeded earnings expectations, declared a quarterly dividend, and maintains a consensus "Buy" rating among analysts.

Flputnam Investment Management Co. Takes $5.33 Million Position in Griffon Corporation $GFF

https://www.marketbeat.com/instant-alerts/filing-flputnam-investment-management-co-takes-533-million-position-in-griffon-corporation-gff-2026-08-17/
Flputnam Investment Management Co. has initiated a new position in Griffon Corporation (NYSE:GFF), acquiring 54,667 shares valued at approximately $5.33 million. This comes as institutional investors collectively own 73.22% of the company, and analysts maintain a "Buy" rating with a consensus price target of $122.50. Despite some insider selling, Griffon exceeded quarterly earnings expectations and declared a quarterly dividend.

Griffon Corp (GFF) Director Kevin Sullivan Sells 3,500 Shares

https://www.gurufocus.com/news/9036332/griffon-corp-gff-director-kevin-sullivan-sells-3500-shares
Griffon Corp Director Kevin Sullivan sold 3,500 shares of GFF on August 13, 2026, for approximately $369,565, bringing his total direct ownership to 40,602 shares. This transaction is part of a broader trend of insider selling at Griffon, with 21 insider sells and only 1 buy over the past year. The stock is considered "Significantly Overvalued" by GuruFocus, trading at a 52% premium to its intrinsic value estimate.
Advertisement

Griffon Corp Director Cheryl L. Turnbull Sells 3,000 Shares at $106.12 Each

https://kalkinemedia.com/us/news/announcements/griffon-corp-director-cheryl-l-turnbull-sells-3000-shares-at-10612-each
Griffon Corp Director Cheryl L. Turnbull sold 3,000 shares of the company's common stock at $106.12 per share on August 13, 2026. This transaction was disclosed in a Form 4 filed with the SEC on August 14, 2026. Following the sale, Turnbull directly holds 30,039 shares of Griffon Corp stock, with an additional 75 shares held indirectly by her daughter.

Griffon Corp Director Kevin F. Sullivan Sells 3,500 Shares of Common Stock on August 13, 2026

https://kalkinemedia.com/us/news/announcements/griffon-corp-director-kevin-f-sullivan-sells-3500-shares-of-common-stock-on-august-13-2026
Kevin F. Sullivan, a director at Griffon Corp (NYSE: GFF), sold 3,500 shares of the company's common stock on August 13, 2026. The transaction, an open-market sale, was executed at a weighted average price of $105.59 per share. Following this sale, Sullivan directly owns 40,602 shares of Griffon Corp.

Insider Selling: Griffon (NYSE:GFF) Director Sells 3,000 Shares of Stock

https://www.marketbeat.com/instant-alerts/insider-selling-griffon-nysegff-director-sells-3000-shares-of-stock-2026-08-14/
Griffon Corporation director Cheryl Turnbull sold 3,000 shares of company stock for $318,360, reducing her total holdings by 9.08%. Despite this insider selling and a 1.7% stock dip, Griffon exceeded quarterly earnings and revenue estimates. The company also declared a $0.22 per share dividend, and analysts generally maintain a "Buy" rating with a $122.50 price target.

GRIFFON CORP SEC Filing (Aug 13, 2026)

https://www.stocktitan.net/sec-filings/GFF/144-griffon-corp-sec-filing-864e83dd3542.html
This article details a Form 144 SEC filing by Griffon Corp (GFF) on August 13, 2026, which outlines a proposed sale of 3,500 shares of common stock by an individual. The shares were acquired through an open market purchase on December 21, 2021, and are intended to be sold via Raymond James & Associates, Inc. on the NYSE. The filing indicates a neutral impact and sentiment regarding the sale.

Robert Mehmel Sells 3,240 Shares of Griffon (NYSE:GFF) Stock

https://www.marketbeat.com/instant-alerts/robert-mehmel-sells-3240-shares-of-griffon-nysegff-stock-2026-08-13/
Griffon COO Robert Mehmel sold 3,240 shares of GFF stock for $347,198.40 on August 11th, reducing his ownership by 0.45% under a pre-arranged Rule 10b5-1 plan. The company's shares are trading near their 52-week high, and it recently surpassed quarterly earnings expectations despite a revenue decline. Analysts maintain a "Buy" rating on the stock with an average price target of $122.50.
Advertisement

Griffon Corporation (GFF) insider plans Rule 144 sale of 3,000 common shares

https://www.stocktitan.net/sec-filings/GFF/144-griffon-corp-sec-filing-8f83744d4ba3.html
An insider at Griffon Corporation (GFF) plans to sell 3,000 shares of common stock under Rule 144, with an aggregate market value of $320,250.00. The sale is scheduled to occur on or after August 13, 2026, through Fidelity Brokerage Services LLC on the NYSE. These shares originated from restricted stock awards that vested on March 20, 2025, and March 15, 2024.

Griffon (GFF) Q3 2026 Earnings Call Transcript

https://www.theglobeandmail.com/investing/markets/stocks/GFF-N/pressreleases/3807692/griffon-gff-q3-2026-earnings-call-transcript/
Griffon Corporation (GFF) reported strong Q3 2026 results, with revenue up 7% and adjusted EBITDA up 2%, driven by favorable pricing and volume. The company has completed its transformation into a pure-play building products company following several joint ventures, which provided significant cash and notes, allowing for debt reduction and continued share repurchases and dividends. Management expressed optimism for future growth as residential and commercial markets are expected to recover, with a focus on premium products, the repair and remodel market, and emerging commercial sectors like data centers.

Griffon (GFF) CFO Harris sells 5,267 shares in 10b5-1 plan trade

https://www.stocktitan.net/sec-filings/GFF/form-4-griffon-corp-insider-trading-activity-6bc71f7a60b7.html
Griffon Corporation's EVP and CFO, Brian G. Harris, sold 5,267 shares of common stock on August 7, 2026, through a Rule 10b5-1 trading plan. The shares were sold at a weighted average

Griffon Prices $800 Million 6.25% Notes Due 2034, Executes Purchase Agreement With BofA

https://www.tradingview.com/news/tradingview:b980e83f2148d:0-griffon-prices-800-million-6-25-notes-due-2034-executes-purchase-agreement-with-bofa/
Griffon Corporation has priced an offering of $800 million in 6.25% senior notes due in 2034 and simultaneously entered into a Purchase Agreement with BofA Securities for the sale of these notes. This transaction aims to raise capital for general corporate purposes. The agreement was signed and became effective on August 10, 2026.

Robert Mehmel Sells 15,928 Shares of Griffon (NYSE:GFF) Stock

https://www.marketbeat.com/instant-alerts/robert-mehmel-sells-15928-shares-of-griffon-nysegff-stock-2026-08-11/
Griffon COO Robert Mehmel sold 15,928 shares of Griffon stock for $1.71 million under a pre-arranged trading plan, reducing his stake by 2.13%. The sale follows strong quarterly earnings that beat analyst estimates, though revenue declined year-over-year. Analysts maintain a "Buy" rating with an average price target of $122.50, and the company recently declared a quarterly dividend of $0.22 per share.
Advertisement

Griffon (NYSE:GFF) COO Sells $692,713.26 in Stock

https://www.marketbeat.com/instant-alerts/griffon-nysegff-coo-sells-69271326-in-stock-2026-08-11/
Griffon COO Robert Mehmel sold 6,639 shares of company stock for $692,713.26 on August 10th, under a pre-arranged Rule 10b5-1 plan, while still retaining over 726,000 shares. The sale occurred as Griffon's shares traded near their 12-month high, following the company's Q2 earnings beat and a declared quarterly dividend. Analysts maintain a "Buy" rating on the stock with an average price target of $122.50.

Griffon Prices $800 Million 6.25% Notes Due 2034, Executes Purchase Agreement With BofA

https://www.tradingview.com/news/tradingview:b980e83f2148d:0
Griffon Corporation has priced an offering of $800 million in 6.25% senior notes due 2034 and entered into a purchase agreement with initial purchasers represented by BofA Securities. This transaction aims to raise capital for general corporate purposes. The agreement outlines standard terms, including indemnification, and was signed on August 10, 2026.

Griffon Corporation (GFF) prices $800M 6.25% notes to redeem 2028 debt

https://www.stocktitan.net/sec-filings/GFF/8-k-griffon-corp-reports-material-event-6583bca878db.html
Griffon Corporation announced the pricing of $800 million aggregate principal amount of 6.25% senior notes due 2034 in a private offering. The company intends to use the net proceeds from these new notes, along with cash on hand and revolver borrowings, to redeem all outstanding 5.750% senior notes due 2028 and cover related fees and interest. The transaction is expected to close on August 18, 2026, subject to customary closing conditions.

This Insider Has Just Sold Shares In Griffon

https://simplywall.st/stocks/us/capital-goods/nyse-gff/griffon/news/this-insider-has-just-sold-shares-in-griffon
Ronald Kramer, Chairman and CEO of Griffon Corporation, recently sold US$10 million worth of shares, representing 5.5% of his holding. While this was the largest insider sale in the past year, the company's insiders sold more than they bought overall. Despite this, Griffon is profitable and growing, with insiders maintaining a significant 6.8% ownership of the company.

Griffon prices $800 million senior notes due 2034 at 6.25%

https://www.investing.com/news/company-news/griffon-prices-800-million-senior-notes-due-2034-at-625-93CH-4850580
Griffon Corporation has priced $800 million in senior notes due 2034 with an interest rate of 6.25% per annum. The private placement is expected to close on August 18, 2026. Proceeds from this offering, along with existing cash and credit facilities, will be used to redeem $975 million of its outstanding 5.75% Senior Notes due 2028.
Advertisement

Griffon Sets 6.25% Rate on Notes to Redeem $975M Debt

https://www.stocktitan.net/news/GFF/griffon-corporation-announces-pricing-of-800-million-senior-notes-poltznygqi73.html
Griffon Corporation announced the pricing of an $800 million aggregate principal amount of senior notes due 2034 with a 6.25% interest rate. The proceeds from this private placement, along with cash on hand and revolver borrowings, will be used to redeem Griffon's outstanding $975 million aggregate principal amount of 5.75% Senior Notes due 2028. This strategic financial move aims to refinance existing debt and is expected to close on August 18, 2026.

GFF Looks 30.6% Overvalued on GF Value™

https://www.gurufocus.com/news/9021312/gff-looks-306-overvalued-on-gf-value
Griffon Corporation (NYSE: GFF) recently announced a strategic refinancing plan to issue $800 million in senior unsecured notes. However, according to GuruFocus' GF Value™, the stock is significantly overvalued by 30.6%, trading at $107.22 against an intrinsic value of $82.12. Despite moderate financial health and strong momentum, weak growth and mixed insider/guru activity suggest caution for investors.

Griffon Corporation Announces Senior Notes Offering

https://finance.yahoo.com/markets/stocks/articles/griffon-corporation-announces-senior-notes-123000977.html
Griffon Corporation announced its intent to offer $800 million in senior notes due 2034 through a private placement. The company plans to use the proceeds, along with cash on hand and revolver borrowings, to redeem its outstanding 5.75% Senior Notes due 2028 and cover related fees. The offering is subject to market and other conditions.

Griffon Intends $800M Notes Offering to Redeem 2028 Debt

https://www.stocktitan.net/news/GFF/griffon-corporation-announces-senior-notes-r8bg0ly8ryza.html
Griffon Corporation announced its intent to offer $800 million in senior notes due 2034 through a private placement. The company plans to use the proceeds, along with cash and revolver borrowings, to redeem its outstanding 5.75% Senior Notes due 2028 and cover related fees. This offering is aimed at refinancing existing debt and is being conducted under Rule 144A and Regulation S.

Griffon stock dips as company plans $800M debt refinancing

https://www.investing.com/news/stock-market-news/griffon-stock-dips-as-company-plans-800m-debt-refinancing-93CH-4849748
Griffon Corporation (NYSE:GFF) shares declined after the company announced plans for an $800 million private placement of senior notes due in 2034. The proceeds, along with existing cash and revolver borrowings, will be used to redeem outstanding 5.75% Senior Notes due 2028 and cover associated costs. This refinancing is contingent on market conditions and will be supported by either existing or new credit facilities.
Advertisement

California State Teachers Retirement System Acquires 10,094 Shares of Griffon Corporation $GFF

https://www.marketbeat.com/instant-alerts/filing-california-state-teachers-retirement-system-acquires-10094-shares-of-griffon-corporation-gff-2026-08-10/
The California State Teachers Retirement System increased its stake in Griffon Corporation (NYSE:GFF) by 29% in the first quarter, purchasing 10,094 shares to bring its total holdings to 44,910 shares valued at $3.3 million. Griffon exceeded quarterly earnings expectations with $1.51 per share and revenue of $481.4 million, although revenue declined year-over-year. Analysts maintain a "Buy" rating, but insiders, including the CEO and COO, have recently sold shares under pre-arranged trading plans.

Griffon Corporation Executive Sells Shares Amid Strong Earnings

https://intellectia.ai/news/stock/griffon-corporation-executive-sells-shares-amid-strong-earnings
Robert F. Mehmel, President and COO of Griffon Corporation, sold 37,061 shares worth $3.8 million, retaining significant holdings, while the company reported a 7% increase in Q3 revenue to $481 million and reaffirmed full-year guidance. Despite the executive's share sale, the company's financial performance shows strong operational growth and improved debt management goals. Analysts maintain an Outperform rating on GFF stock, with price targets raised to $125, reflecting confidence in its market position.

Griffon's CEO Sold Into an Earnings Pop. Here's What Long-Term Investors Should Know

https://finance.yahoo.com/markets/stocks/articles/griffons-ceo-sold-earnings-pop-225215939.html
Griffon Corporation's CEO, Ronald J. Kramer, sold 100,000 shares of company stock for $10.2 million on August 5, the same day the company reported strong fiscal third-quarter earnings. The sale, executed in tranches ranging from $100 to $104.60 per share, occurred as the stock price surged after the earnings announcement. Despite the sale, Kramer retains a significant direct and indirect holding in Griffon, a global enterprise specializing in consumer, professional, and home & building products.

Sei Investments Co. Boosts Stock Position in Griffon Corporation $GFF

https://www.marketbeat.com/instant-alerts/filing-sei-investments-co-boosts-stock-position-in-griffon-corporation-gff-2026-08-08/
Sei Investments Co. significantly increased its stake in Griffon Corporation by 55.8% in the first quarter, now holding 46,486 shares valued at approximately $3.38 million. This move comes as Griffon reported strong quarterly earnings, beating analyst expectations with $1.51 per share and revenue of $481.4 million, despite a year-over-year revenue decline. The stock reached near its 52-week high, and analysts maintain a "Moderate Buy" rating with a target price of $122.50.

Griffon Q3 Earnings Call Highlights

https://finance.yahoo.com/markets/stocks/articles/griffon-q3-earnings-call-highlights-090343779.html
Griffon Corporation reported improved Q3 performance with revenue up 7% to $481 million and adjusted EBITDA up 2% to $125 million, despite weak housing and commercial construction markets. The company reaffirmed its full-year guidance for 2026 and completed a strategic shift to become a pure-play building products business through the Australasia transaction, which also significantly reduced net leverage. Griffon continues to return capital to shareholders through stock repurchases and a consistent quarterly dividend.
Advertisement

Griffon Corp (NYSE: GFF) CEO sells 100,000 shares in 10b5-1 plan

https://www.stocktitan.net/sec-filings/GFF/form-4-griffon-corp-insider-trading-activity-39c8f76b5c4b.html
Griffon Corp's Chairman and CEO, Ronald J. Kramer, sold 100,000 shares of common stock on August 5, 2026, under a Rule 10b5-1 trading plan. The sales occurred in five transactions with weighted-average prices ranging from $100.44 to $104.27 per share. After these transactions, Kramer still holds indirect shares through an ESOP and his spouse.

Griffon CFO (NYSE: GFF) sells 11,050 shares under Rule 10b5-1 plan

https://www.stocktitan.net/sec-filings/GFF/form-4-griffon-corp-insider-trading-activity-72de945cc619.html
Griffon Corp EVP and Chief Financial Officer Brian G. Harris sold a total of 11,050 shares of common stock on August 5, 2026, through two transactions under a Rule 10b5-1 trading plan. The shares were sold at weighted average prices of $103.08 and $104.01. After these sales, Harris holds 4,944 shares indirectly through an ESOP.

Griffon Corporation (GFF) Stock Forecasts

https://ca.finance.yahoo.com/research/reports/ARGUS_4035_QuantitativeReport_1785888000000
This article provides a stock forecast for Griffon Corporation (GFF), an industrial company specializing in garage doors. It highlights an Argus research report from August 5, 2026, which includes a rating and an earnings estimate, with the current price at $106.36. The article also encourages upgrading to a premium service for full report access and additional insights.

GRIFFON CORP 2026: Revenue $481.37M, EPS $1.14— 10-Q Summary

https://www.tradingview.com/news/tradingview:0725d0369b7bb:0-griffon-corp-2026-revenue-481-37m-eps-1-14-10-q-summary/
GRIFFON CORP reported its 2026 quarterly results, showing a significant increase in revenue to $481.37 million, up 7% year-over-year. The company achieved a net income of $51.63 million, a substantial improvement from a loss in the prior year, with diluted EPS at $1.14. This growth was attributed to price and mix improvements, as the company moved towards a pure-play building products portfolio.

Griffon Corp stock hits all-time high at 101.34 USD

https://www.investing.com/news/company-news/griffon-corp-stock-hits-alltime-high-at-10134-usd-93CH-4837894
Griffon Corp (GFF) stock has reached an all-time high of $101.34, currently trading at $98.67 with a market capitalization of $4.29 billion. The company has shown strong momentum with a 27.71% year-to-date return and a 31.77% increase over the past year. This comes after Griffon Corp reported fiscal third-quarter results that exceeded Wall Street expectations, with adjusted earnings of $1.51 per share and revenue of $481.4 million.
Advertisement

Griffon Corp Up Over 8%, On Pace For Largest Percent Increase Since April 2025 -- Data Talk

https://www.moomoo.com/news/post/74162065/griffon-corp-up-over-8-on-pace-for-largest-percent?futusource=news_newspage_recommend
Griffon Corp (NYSE: GFF) shares are trading higher by over 8% on Thursday, putting the stock on track for its largest percentage increase since April 2025. This significant move follows recent insider purchases, with director David L. Mandarich acquiring 10,000 shares at an average price of $30.07.

Griffon Corporation (GFF) insider plans $9.36M sale of common stock

https://www.stocktitan.net/sec-filings/GFF/144-griffon-corp-sec-filing-486cc820142d.html
Ronald J. Kramer, an insider at Griffon Corporation (GFF), has filed a notice to sell 100,000 shares of common stock, valued at $9,358,000, through Deutsche Bank Securities Inc. on or after August 5, 2026. The filing indicates that 45,294,716 shares of Griffon are outstanding, and Kramer had a previous sale of 100,000 shares on June 12, 2026, for $9,492,421. This transaction follows recent vesting of restricted stock in December 2023 and December 2022.

Griffon (NYSE:GFF) Releases Earnings Results, Beats Estimates By $0.17 EPS

https://www.marketbeat.com/instant-alerts/griffon-nysegff-releases-earnings-results-beats-estimates-by-017-eps-2026-08-05/
Griffon (NYSE:GFF) reported strong quarterly earnings, beating analyst estimates with an EPS of $1.51 and revenue of $481.4 million. The company maintained its fiscal 2026 guidance, reduced debt, and repurchased shares, leading to a 9.7% rise in its stock price. Despite positive results, recent insider selling may temper some investor enthusiasm.

Charles Schwab insider plans 11,050-share sale in Form 144 filing (GFF)

https://www.stocktitan.net/sec-filings/GFF/144-griffon-corp-sec-filing-686bb6587a43.html
Brian G. Harris has filed a Form 144 to sell 11,050 shares of The Charles Schwab Corporation (SCHW) common stock, with a proposed sale date of August 5, 2026, on the NYSE. These shares are related to RSU awards from December 2023. This filing follows previous sales by Harris in June 2026, totaling 7,500 and 6,183 shares.

Griffon (NYSE:GFF) Sets New 52-Week High Following Strong Earnings

https://www.marketbeat.com/instant-alerts/griffon-nysegff-sets-new-52-week-high-following-strong-earnings-2026-08-05/
Griffon (NYSE:GFF) shares reached a new 52-week high after reporting strong earnings, with EPS of $1.51 beating estimates and revenue exceeding expectations despite a year-over-year decline. The company maintains a "Moderate Buy" consensus rating and a $115 price target, though insiders have recently sold a significant amount of stock. Institutional investors have also adjusted their positions, with Royal Bank of Canada and MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increasing their stakes.
Advertisement

Griffon Corp stock hits all-time high at 101.34 USD By Investing.com

https://ca.investing.com/news/stock-market-news/griffon-corp-stock-hits-alltime-high-at-10134-usd-93CH-4777714
Griffon Corp (GFF) stock reached an all-time high of $101.34, currently trading at $98.67 with a market cap of $4.29 billion. The company has shown strong momentum with a 27.71% year-to-date return and a 31.77% increase over the past year. Despite being slightly overvalued according to InvestingPro analysis, Griffon has maintained dividend payments for 16 consecutive years and recently reported fiscal third-quarter results that exceeded Wall Street expectations, driven by stronger pricing and demand in building products.

Griffon Sets Sept. 16 Payment Date for $0.22 Dividend

https://www.stocktitan.net/news/GFF/griffon-corporation-declares-quarterly-bw4y3dpp8gag.html
Griffon Corporation (NYSE: GFF) has declared a regular quarterly cash dividend of $0.22 per share. This dividend is scheduled to be paid on September 16, 2026, to shareholders who are on record as of the close of business on August 31, 2026. Griffon Corporation specializes in residential and commercial building products, including popular garage door and ceiling fan brands.

Griffon Closes AMES Australasia Joint Venture, Receives AUD 258M Cash and AUD 69.3M PIK Note

https://www.tradingview.com/news/tradingview:9d9bdffc680db:0-griffon-closes-ames-australasia-joint-venture-receives-aud-258m-cash-and-aud-69-3m-pik-note/
Griffon (GFF) has finalized the sale of its AMES Australasia business to a joint venture, receiving AUD 258 million in cash and an AUD 69.3 million subordinated PIK note. This transaction involved a side letter to the Share Sale Agreement to facilitate closing and post-closing arrangements. The PIK note carries 10% interest and matures in six to ten years, subordinate to the JV's senior debt.

Griffon closes AMES Australasia joint venture for $181 million

https://www.investing.com/news/company-news/griffon-closes-ames-australasia-joint-venture-for-181-million-93CH-4830981
Griffon Corporation announced the completion of a joint venture for its AMES Australasia business with an investment group. The transaction provided Griffon with $181 million in cash, a $49 million paid-in-kind note, and a 49% equity interest in the new entity. Griffon is known for manufacturing residential and commercial building products and ceiling fans.

Griffon’s AMES Australasia JV Closes With 49% Equity Stake

https://www.stocktitan.net/news/GFF/griffon-corporation-announces-closing-of-ames-australasia-dv65avfwm769.html
Griffon Corporation announced the closing of a joint venture between its AMES Australasia business and an investment group. As a result, Griffon received $181 million in cash, a $49 million paid-in-kind (PIK) note receivable, and retains a 49% equity interest in the joint venture. Goldman Sachs & Co. LLC acted as financial advisor for Griffon in this transaction.
Advertisement
Advertisement
Advertisement
Advertisement

Sign Up free to view live trades and discussion forum to make more informed financial decisions. No credit card is required for sign up!
View Daily Trades
Join Discussion

Advertisement
Advertisement
Advertisement
Advertisement