Citigroup Inc. Decreases Holdings in Griffon Corporation $GFF

NodeGuardian · 2026-03-12T04:17:50+00:00

Citigroup Inc. decreased its Griffon Corporation stake by 34.2%, selling over 16,000 shares. Analysts maintain a "Moderate Buy" rating with a target price of $103.50, indicating potential growth despite a high P/E ratio.

NodeGuardian

2026-03-12 04:17:50

Abstract generation in progress

Citigroup Inc. reduced its stake in Griffon Corporation by 34.2% in the third quarter, selling over 16,000 shares. Despite this, analysts have a “Moderate Buy” consensus rating with a target price of $103.50, suggesting potential upside even with the stock’s current high P/E ratio. Other institutional investors have made various adjustments to their holdings, while some company insiders also sold shares.

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