Zacks Research Has Positive Outlook for BERY Q2 Earnings

Berry Global Group, Inc. (NYSE:BERY - Free Report) - Investment analysts at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for shares of Berry Global Group in a research note issued on Tuesday, February 25th. Zacks Research analyst S. Roy now anticipates that the industrial products company will post earnings of $1.57 per share for the quarter, up from their previous estimate of $1.56. The consensus estimate for Berry Global Group's current full-year earnings is $6.25 per share. Zacks Research also issued estimates for Berry Global Group's Q1 2027 earnings at $1.43 EPS and FY2027 earnings at $7.18 EPS.

Several other research analysts have also recently commented on the company. Barclays increased their price target on Berry Global Group from $64.00 to $75.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 27th. Truist Financial increased their price objective on Berry Global Group from $74.00 to $76.00 and gave the company a "hold" rating in a report on Monday, February 10th. Citigroup restated a "neutral" rating and set a $76.00 target price on shares of Berry Global Group in a report on Monday, November 25th. StockNews.com initiated coverage on shares of Berry Global Group in a research report on Saturday. They set a "buy" rating on the stock. Finally, Royal Bank of Canada lifted their price objective on shares of Berry Global Group from $69.00 to $73.00 and gave the company a "sector perform" rating in a research report on Thursday, November 21st. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $74.56.

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Berry Global Group Stock Down 1.6 %

Shares of NYSE BERY traded down $1.13 during midday trading on Friday, reaching $70.71. The company's stock had a trading volume of 3,102,628 shares, compared to its average volume of 1,168,323. The stock has a 50 day simple moving average of $68.38 and a 200-day simple moving average of $68.15. The company has a current ratio of 1.61, a quick ratio of 1.09 and a debt-to-equity ratio of 3.35. The stock has a market capitalization of $8.19 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 1.54 and a beta of 1.15. Berry Global Group has a fifty-two week low of $55.24 and a fifty-two week high of $73.75.

Berry Global Group (NYSE:BERY - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.09. The business had revenue of $2.39 billion for the quarter, compared to analysts' expectations of $2.35 billion. Berry Global Group had a return on equity of 28.26% and a net margin of 3.99%. Berry Global Group's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.22 EPS.

Berry Global Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Monday, March 3rd. Berry Global Group's dividend payout ratio (DPR) is presently 30.92%.

Institutional Investors Weigh In On Berry Global Group

A number of large investors have recently bought and sold shares of BERY. Creative Planning lifted its holdings in shares of Berry Global Group by 3.0% during the 3rd quarter. Creative Planning now owns 6,827 shares of the industrial products company's stock worth $464,000 after acquiring an additional 198 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in Berry Global Group by 95.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 15,280 shares of the industrial products company's stock valued at $1,039,000 after purchasing an additional 7,447 shares in the last quarter. State of Alaska Department of Revenue lifted its stake in Berry Global Group by 3.3% during the third quarter. State of Alaska Department of Revenue now owns 22,962 shares of the industrial products company's stock worth $1,560,000 after purchasing an additional 730 shares during the last quarter. Pallas Capital Advisors LLC acquired a new stake in shares of Berry Global Group in the 3rd quarter valued at $403,000. Finally, Diversify Advisory Services LLC bought a new position in shares of Berry Global Group in the 3rd quarter valued at $278,000. 95.36% of the stock is currently owned by institutional investors and hedge funds.

Berry Global Group Company Profile

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.