Zacks Research Analysts Decrease Earnings Estimates for BERY

Berry Global Group, Inc. (NYSE:BERY) – Investment analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for shares of Berry Global Group in a research report issued to clients and investors on Tuesday, February 25th. Zacks Research analyst S. Roy now anticipates that the industrial products company will post earnings per share of $1.41 for the quarter, down from their previous estimate of $1.65. 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 Q3 2025 earnings at $1.75 EPS, Q4 2025 earnings at $1.84 EPS, FY2025 earnings at $6.10 EPS, Q3 2026 earnings at $1.68 EPS, Q4 2026 earnings at $2.13 EPS and FY2026 earnings at $6.57 EPS.

Several other research firms also recently issued reports on BERY. Barclays lifted their price objective on Berry Global Group from $64.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 27th. Truist Financial lifted their price objective on Berry Global Group from $74.00 to $76.00 and gave the stock a “hold” rating in a report on Monday, February 10th. Citigroup reiterated a “neutral” rating and issued a $76.00 price target on shares of Berry Global Group in a report on Monday, November 25th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a $76.00 price target (up from $70.00) on shares of Berry Global Group in a report on Monday, November 25th. Finally, Royal Bank of Canada boosted their price target on Berry Global Group from $69.00 to $73.00 and gave the company a “sector perform” rating in a report on Thursday, November 21st. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $74.56.

Berry Global Group Price Performance

BERY stock opened at $71.93 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.61 and a debt-to-equity ratio of 3.35. Berry Global Group has a 52-week low of $55.24 and a 52-week high of $73.31. The stock’s 50 day moving average is $67.94 and its two-hundred day moving average is $67.94. The company has a market capitalization of $8.33 billion, a PE ratio of 17.94, a P/E/G ratio of 1.54 and a beta of 1.15.

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

Berry Global Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 1.72%. Berry Global Group’s dividend payout ratio is currently 30.92%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EdgePoint Investment Group Inc. boosted its position in Berry Global Group by 2.2% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 15,279,107 shares of the industrial products company’s stock valued at $1,038,674,000 after purchasing an additional 336,186 shares during the period. State Street Corp boosted its position in Berry Global Group by 10.4% during the 3rd quarter. State Street Corp now owns 3,831,824 shares of the industrial products company’s stock valued at $260,487,000 after purchasing an additional 360,857 shares during the period. FMR LLC boosted its position in Berry Global Group by 38.4% during the 3rd quarter. FMR LLC now owns 3,807,317 shares of the industrial products company’s stock valued at $258,821,000 after purchasing an additional 1,055,756 shares during the period. Geode Capital Management LLC boosted its position in Berry Global Group by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 1,989,350 shares of the industrial products company’s stock valued at $128,691,000 after purchasing an additional 6,833 shares during the period. Finally, Khrom Capital Management LLC boosted its position in Berry Global Group by 14.8% during the 4th quarter. Khrom Capital Management LLC now owns 1,630,007 shares of the industrial products company’s stock worth $105,413,000 after acquiring an additional 210,046 shares during the period. Institutional investors and hedge funds own 95.36% of the company’s stock.

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.