GEF Greif Inc -
Greif, Inc. engages in the production of industrial packaging products and services. It operates through the following segments: Rigid Industrial Packaging and Services, Paper Packaging and Services, Flexible Products and Services, and Land Management. The Rigid Industrial Packaging and Services segment involves the production and sale of rigid industrial packaging products, such as steel, fibre and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and reconditioned containers, and services, such as container life cycle services, blending, filling and other packaging services, logistics and warehousing. The Paper Packaging and Services segment involves the production and sale of containerboard, corrugated sheets, corrugated containers and other corrugated products to customers in North America. The Flexible Products and Services segment involves the production and sale of flexible intermediate bulk containers and related services on a global basis and the sale of industrial and consumer shipping sacks and multiwall bag products in North America. The Land Management segment involves the management and sale of timber. This segment focuses on the active harvesting and regeneration of the company's U.S. timber properties. The company was founded by William Greif and Albert Vanderwyst in 1877 and is headquartered in Delaware, OH.
Company profile
Ticker
GEF, GEF.B
Exchange
Website
CEO
Peter G. Watson
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
GREIF BROTHERS CORP, GREIF INC
SEC CIK
Corporate docs
IRS number
314388903
GEF stock data
()
Calendar
28 Aug 20
3 Dec 20
31 Oct 21
News
Financial summary
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| Annual (USD) | Oct 19 | Oct 18 | Oct 17 | Oct 16 | |
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Financial data from Greif Inc - earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 4 Sep 20 | Ole G Rosgaard | Class A Common Stock | Buy | Aquire P | No | 36.97 | 6,750 | 249.55K | 32,245 |
| 16 Mar 20 | Timothy Bergwall | RSU Class A Common Stock | Grant | Aquire A | No | 0 | 6,396 | 0 | 6,396 |
| 16 Mar 20 | Michael Francis Cronin | RSU Class A Common Stock | Grant | Aquire A | No | 0 | 6,646 | 0 | 6,646 |
| 16 Mar 20 | Lawrence A. Hilsheimer | RSU Class A Common Stock | Grant | Aquire A | No | 0 | 14,850 | 0 | 14,850 |
Institutional ownership Q3 2020
85.7% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 177 |
| Opened positions | 23 |
| Closed positions | 22 |
| Increased positions | 52 |
| Reduced positions | 62 |
13F shares |
Current |
|---|---|
| Total value | 2.27B |
| Total shares | 22.66M |
| Total puts | 173.2K |
| Total calls | 121.6K |
| Total put/call ratio | 1.4 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 3.46M | $125.16M |
| BLK Blackrock | 2.92M | $105.84M |
| LSV Asset Management | 2.31M | $83.52M |
| Dimensional Fund Advisors | 1.86M | $67.18M |
| Fuller & Thaler Asset Management | 1M | $36.33M |
| STT State Street | 875.82K | $32.11M |
| Investment Counselors Of Maryland | 685.5K | $24.82M |
| GBL Gamco Investors Inc - | 683.4K | $24.75M |
| Aqr Capital Management | 512.96K | $18.57M |
| BK Bank Of New York Mellon | 441.31K | $15.98M |
Financial report summary
?Risks
- Risks Related to COVID-19
Management Discussion
- ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- The terms “Greif,” “our company,” “we,” “us” and “our” as used in this discussion refer to Greif, Inc. and its subsidiaries. Our fiscal year begins on November 1 and ends on October 31 of the following year. Any references in this Form 10-Q to the years, or to any quarter of those years, relates to the fiscal year or quarter, as the case may be, ended in that year, unless otherwise stated.
- The discussion and analysis presented below relates to the material changes in financial condition and results of operations for our interim condensed consolidated balance sheets as of July 31, 2020 and October 31, 2019, and for the interim condensed consolidated statements of income for the three and nine months ended July 31, 2020 and 2019. This discussion and analysis should be read in conjunction with the interim condensed consolidated financial statements that appear elsewhere in this Form 10-Q and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in our Annual Report on Form 10-K for the fiscal year ended October 31, 2019 (the “2019 Form 10-K”). Readers are encouraged to review the entire 2019 Form 10-K, as it includes information regarding Greif not discussed in this Form 10-Q. This information will assist in your understanding of the discussion of our current period financial results.
Content analysis
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H.S. sophomore Avg
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New words:
attempt, capacity, composed, delay, EMEA, exacerbate, lesser, linked, moderately, opportunistic, relaxed, resurgence, sequentially, slower, South, turnover
Removed:
OCC, payment
Financial reports
10-Q
2020 Q2
Quarterly report
28 Aug 20
10-Q
2020 Q2
Quarterly report
4 Jun 20
10-Q
2020 Q1
Quarterly report
28 Feb 20
10-K
2019 FY
Annual report
18 Dec 19
10-Q
2019 Q3
Quarterly report
29 Aug 19
10-Q
2019 Q2
Quarterly report
7 Jun 19
10-Q
2019 Q1
Quarterly report
1 Mar 19
10-K
2018 FY
Annual report
20 Dec 18
10-Q
2018 Q3
Quarterly report
30 Aug 18
10-Q
2018 Q2
Quarterly report
8 Jun 18
Current reports
8-K
Entry into a Material Definitive Agreement
19 Nov 20
8-K
Greif Reports Third Quarter 2020 Results
1 Sep 20
8-K
Greif Reports Second Quarter 2020 Results
8 Jun 20
8-K
Other Events
20 Apr 20
8-K
Other Events
2 Apr 20
8-K
Departure of Directors or Certain Officers
31 Mar 20
8-K/A
Financial Statements and Exhibits
26 Mar 20
8-K
Results of Operations and Financial Condition
23 Mar 20
8-K
Greif Reports First Quarter 2020 Results
2 Mar 20
8-K
Greif Reports Fiscal 2019 and Fourth Quarter Results
10 Dec 19
Registration and prospectus
S-8
Registration of securities for employees
25 Feb 20
S-8
Registration of securities for employees
25 Feb 20
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jan 20
424B4
Prospectus supplement with pricing info
19 Nov 09
S-4/A
Registration of securities issued in business combination transactions (amended)
20 Oct 09
S-4
Registration of securities issued in business combination transactions
18 Sep 09
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Jul 09
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Jul 09
Proxies
DEF 14A
Definitive proxy
10 Jan 20
DEF 14A
Definitive proxy
11 Jan 19
DEF 14A
Definitive proxy
9 Jan 18
DEFA14A
Additional proxy soliciting materials
9 Jan 18
DEF 14A
Definitive proxy
13 Jan 17
DEFA14A
Additional proxy soliciting materials
13 Jan 17
DEF 14A
Definitive proxy
15 Jan 16
DEF 14A
Definitive proxy
28 Jan 15
DEF 14A
Definitive proxy
15 Jan 14
DEF 14A
Definitive proxy
11 Jan 13
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
30 May 19
SD
Conflict minerals disclosure
30 May 18
UPLOAD
Letter from SEC
30 Jun 17
CORRESP
Correspondence with SEC
13 Jun 17
SD
Conflict minerals disclosure
30 May 17
UPLOAD
Letter from SEC
15 May 17
UPLOAD
Letter from SEC
1 Jun 16
SD
Conflict minerals disclosure
31 May 16
CORRESP
Correspondence with SEC
4 May 16
Ownership
4
GREIF / Ole G Rosgaard ownership change
8 Sep 20
3
GREIF / Robert M Patterson ownership change
31 Mar 20
4
GREIF / PETER G WATSON ownership change
17 Mar 20
4
GREIF / Bala Sathyanarayanan ownership change
17 Mar 20
4
GREIF / Ole G Rosgaard ownership change
17 Mar 20
4
GREIF / GARY R MARTZ ownership change
17 Mar 20
4
GREIF / David C Lloyd ownership change
17 Mar 20
4
GREIF / DOUGLAS W LINGREL ownership change
17 Mar 20
4
GREIF / HARI K KUMAR ownership change
17 Mar 20
4
GREIF / Lawrence A. Hilsheimer ownership change
17 Mar 20
Patents
GRANT
Utility
Methods for making driveshaft dampers
24 Nov 20
Driveshaft dampers are provided for use in driveshafts to dampen or attenuate aspects of noise, vibration, and harshness (NVH).
GRANT
Utility
Composite drive shaft damper
5 May 20
A composite drive shaft damper includes both foamed and non-foamed NVH-reducing materials to dampen particular NVH-causing frequencies within a drive shaft.