Weekly Investment Analysts’ Ratings Changes for Berry Global Group (BERY)

A number of research firms have changed their ratings and price targets for Berry Global Group (NYSE: BERY):

• 1/12/2025 – Berry Global Group is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 1/10/2025 – Berry Global Group had its price target lowered by analysts at UBS Group AG from $75.00 to $72.00. They now have a “neutral” rating on the stock.
• 1/6/2025 – Berry Global Group had its price target raised by analysts at Truist Financial Co. from $72.00 to $74.00. They now have a “hold” rating on the stock.
• 1/4/2025 – Berry Global Group is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 12/27/2024 – Berry Global Group is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 12/19/2024 – Berry Global Group is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 12/11/2024 – Berry Global Group is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 12/3/2024 – Berry Global Group is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.
• 11/27/2024 – Berry Global Group had its price target raised by analysts at Barclays PLC from $64.00 to $75.00. They now have an “equal weight” rating on the stock.
• 11/25/2024 – Berry Global Group had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $76.00 price target on the stock, up previously from $70.00.
• 11/25/2024 – Berry Global Group had its “neutral” rating reaffirmed by analysts at Citigroup Inc.. They now have a $76.00 price target on the stock.
• 11/25/2024 – Berry Global Group was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 11/22/2024 – Berry Global Group was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating. They now have a $75.00 price target on the stock, down previously from $82.00.
• 11/21/2024 – Berry Global Group had its price target raised by analysts at Royal Bank of Canada from $69.00 to $73.00. They now have a “sector perform” rating on the stock.
• 11/20/2024 – Berry Global Group had its “hold” rating reaffirmed by analysts at Truist Financial Co.. They now have a $72.00 price target on the stock, down previously from $74.00.

Berry Global Group Stock Performance

NYSE BERY traded up $0.27 during trading hours on Wednesday, hitting $66.39. The company had a trading volume of 571,129 shares, compared to its average volume of 1,029,966. The business has a 50 day moving average of $67.49 and a 200-day moving average of $66.38. The company has a market cap of $7.68 billion, a PE ratio of 15.12, a price-to-earnings-growth ratio of 1.38 and a beta of 1.16. Berry Global Group, Inc. has a 1-year low of $54.06 and a 1-year high of $73.31. The company has a debt-to-equity ratio of 2.08, a quick ratio of 0.80 and a current ratio of 1.25.

Berry Global Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a dividend of $0.31 per share. The ex-dividend date was Monday, December 2nd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.87%. This is a positive change from Berry Global Group’s previous quarterly dividend of $0.28. Berry Global Group’s dividend payout ratio (DPR) is currently 28.25%.

Institutional Trading of Berry Global Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Altshuler Shaham Ltd acquired a new stake in shares of Berry Global Group in the 2nd quarter valued at approximately $27,000. Quest Partners LLC boosted its position in shares of Berry Global Group by 54,800.0% during the 2nd quarter. Quest Partners LLC now owns 549 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 548 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of Berry Global Group during the 2nd quarter worth $42,000. Capital Performance Advisors LLP acquired a new position in shares of Berry Global Group during the 3rd quarter worth $75,000. Finally, GAMMA Investing LLC lifted its stake in shares of Berry Global Group by 332.6% in the third quarter. GAMMA Investing LLC now owns 1,181 shares of the industrial products company’s stock valued at $80,000 after purchasing an additional 908 shares during the period. Hedge funds and other institutional investors own 95.36% of the company’s stock.

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.