Griffon (GFF) COO Robert Mehmel Sells $312K of Stock

Robert Mehmel, President and COO of Griffon Corporation (NYSE: GFF), sold 3,272 shares on June 15, 2026, for about $312,149. This sale continues a trend of insider selling for Mehmel, who has recently trimmed his holdings significantly.

Inside Robert Mehmel's Trade

Mehmel's recent sale comes at a price of $95.40 per share. This follows his earlier trades, where he sold 4,726 shares on June 24 and 7,873 shares on June 25. So far this month, he has sold a total of 15,894 shares, indicating a planned reduction in his stake.

Other Institutional Activity in Griffon Corporation

In the latest reporting period, several other institutional investors made changes to their Griffon Corporation holdings. Blackrock Inc. increased its stake by 93,608 shares, bringing its total to 6,055,910 shares worth about $559.9 million. FMR, LLC saw a significant increase, adding 1,206,833 shares for a total of 1,629,720 shares, valued at approximately $150.7 million. Meanwhile, State Street Corporation grew its holdings by 65,972 shares, ending with 1,565,340 shares worth about $144.7 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both reduced their stakes, with decreases of 14,605 and 21,488 shares, respectively.

Griffon Corporation Stock Up 0.8%

As of the latest trading on Tuesday, Griffon shares were priced at $94.01. This puts the stock near its 50-day moving average of $96.40 and well above its 52-week low of $65.01. The stock has a market cap of about $4.3 billion and a P/E ratio of 19.86, suggesting it is trading at a reasonable multiple given its profitability.

Recent Earnings

In its last earnings report, Griffon Corporation posted revenue of $2.56 billion, reflecting a revenue growth rate of 7%. The company had an EPS of $4.79 and a net margin of about 7%. Their next earnings announcement is scheduled for November 18, 2026, when they will provide updates on their performance.

Dividend

Griffon Corporation pays an annual dividend of $0.88, with a yield of 0.94%. The dividend payout ratio is approximately 17.54%, indicating a sustainable dividend relative to earnings.

Insider Buying and Selling at Griffon Corporation

Mehmel has been active in selling shares. He sold 3,018 shares on June 16 at an average price of $95.39 and 547 shares on June 17 at about $95.37. His sales this month have been planned transactions, indicating a strategic approach to managing his holdings.

Analysts Set New Price Targets

On August 6, 2026, Stephens & Co. maintained an Overweight rating for Griffon Corporation, with a price target of $120. This reflects a positive outlook among analysts, with a consensus mean price target of $125.57 based on seven opinions.

About Griffon Corporation

Griffon Corporation operates in the industrial sector, providing a range of home and building products, including garage doors and openers. The company serves markets in the U.S., Canada, Europe, and Australia, making it a key player in the building products industry. Recent insider sales and analyst confidence suggest ongoing scrutiny of its stock performance.

Bottom Line

Investors should keep an eye on Griffon Corporation as it approaches its next earnings date and continues to engage with analysts who have set optimistic price targets. Robert Mehmel's planned sales may reflect broader strategic decisions within the company. Note that this trade data is based on filings that reflect positions as of the reporting date, and may not indicate current holdings.