Zacks Research Comments on Berry Global Group, Inc.’s Q1 2026 Earnings (NYSE:BERY)

Berry Global Group, Inc. (NYSE:BERY) – Investment analysts at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for Berry Global Group in a report issued on Wednesday, June 12th. Zacks Research analyst S. Roy now anticipates that the industrial products company will earn $1.55 per share for the quarter, up from their prior forecast of $1.54. The consensus estimate for Berry Global Group’s current full-year earnings is $7.43 per share.

A number of other research analysts also recently issued reports on BERY. Wolfe Research initiated coverage on Berry Global Group in a report on Friday, March 1st. They issued a “peer perform” rating for the company. StockNews.com raised Berry Global Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 21st. TheStreet downgraded Berry Global Group from a “b-” rating to a “c+” rating in a research note on Monday, February 26th. Bank of America upped their target price on Berry Global Group from $74.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $62.00 target price (down from $72.00) on shares of Berry Global Group in a research note on Friday, March 15th. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $72.60.

Berry Global Group Trading Down 1.1 %

Shares of NYSE:BERY opened at $59.13 on Friday. Berry Global Group has a 12-month low of $53.92 and a 12-month high of $69.93. The company has a market capitalization of $6.76 billion, a PE ratio of 14.05, a PEG ratio of 1.25 and a beta of 1.19. The business has a 50 day moving average of $58.91 and a two-hundred day moving average of $61.65. The company has a current ratio of 1.74, a quick ratio of 1.01 and a debt-to-equity ratio of 2.64.

Berry Global Group (NYSE:BERY) last announced its quarterly earnings results on Thursday, May 9th. The industrial products company reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.05. Berry Global Group had a return on equity of 26.55% and a net margin of 4.12%. The company had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.16 billion. During the same period in the previous year, the company posted $1.96 earnings per share. Berry Global Group’s revenue for the quarter was down 6.4% on a year-over-year basis.

Berry Global Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 3rd will be given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Monday, June 3rd. Berry Global Group’s payout ratio is 26.13%.

Insider Buying and Selling

In related news, CFO Mark W. Miles sold 1,118 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $60.29, for a total transaction of $67,404.22. Following the completion of the sale, the chief financial officer now directly owns 119,384 shares in the company, valued at $7,197,661.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Peter T. Thomas bought 1,000 shares of the company’s stock in a transaction on Thursday, May 23rd. The stock was bought at an average cost of $59.50 per share, for a total transaction of $59,500.00. Following the acquisition, the director now directly owns 4,407 shares in the company, valued at $262,216.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Mark W. Miles sold 1,118 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $60.29, for a total value of $67,404.22. Following the completion of the sale, the chief financial officer now owns 119,384 shares of the company’s stock, valued at $7,197,661.36. The disclosure for this sale can be found here. 4.00% of the stock is owned by company insiders.

Institutional Trading of Berry Global Group

Several large investors have recently added to or reduced their stakes in BERY. GAMMA Investing LLC purchased a new position in shares of Berry Global Group during the 4th quarter worth $31,000. LRI Investments LLC purchased a new position in shares of Berry Global Group during the 1st quarter worth $38,000. Blue Trust Inc. grew its holdings in shares of Berry Global Group by 203.7% during the 4th quarter. Blue Trust Inc. now owns 650 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 436 shares during the period. Quarry LP grew its holdings in shares of Berry Global Group by 433.1% during the 4th quarter. Quarry LP now owns 757 shares of the industrial products company’s stock worth $51,000 after purchasing an additional 615 shares during the period. Finally, CWM LLC grew its holdings in shares of Berry Global Group by 200.0% during the 4th quarter. CWM LLC now owns 1,575 shares of the industrial products company’s stock worth $106,000 after purchasing an additional 1,050 shares during the period. 95.36% of the stock is currently owned by hedge funds and other institutional investors.

About Berry Global Group

Berry Global Group, Inc manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.