Q2 EPS Estimate for Berry Global Group Increased by Analyst

Berry Global Group, Inc. (NYSE:BERY) – Investment analysts at Zacks Research upped their Q2 2026 earnings per share (EPS) estimates for shares of Berry Global Group in a report issued on Tuesday, February 25th. Zacks Research analyst S. Roy now expects that the industrial products company will post earnings of $1.57 per share for the quarter, up from their prior 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.

Berry Global Group (NYSE:BERY) last announced its quarterly earnings results 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. The business had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.35 billion. Berry Global Group had a return on equity of 28.26% and a net margin of 3.99%. The business’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the business posted $1.22 EPS.

Several other research firms have also recently issued reports on BERY. Citigroup reiterated a “neutral” rating and issued a $76.00 price objective on shares of Berry Global Group in a report on Monday, November 25th. Truist Financial upped their target price on Berry Global Group from $74.00 to $76.00 and gave the stock a “hold” rating in a research report on Monday, February 10th. UBS Group lifted their price target on Berry Global Group from $72.00 to $73.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. Barclays upped their price objective on Berry Global Group from $64.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, November 27th. Finally, StockNews.com assumed coverage on Berry Global Group in a research note on Friday, February 21st. They set a “buy” rating for the company. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $74.56.

Berry Global Group Stock Performance

Shares of BERY stock opened at $71.76 on Friday. Berry Global Group has a 12-month low of $55.24 and a 12-month high of $73.31. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.61 and a quick ratio of 1.09. The firm has a market capitalization of $8.31 billion, a price-to-earnings ratio of 17.89, a price-to-earnings-growth ratio of 1.54 and a beta of 1.15. The business has a 50 day simple moving average of $67.94 and a 200 day simple moving average of $67.94.

Berry Global Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.31 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.73%. Berry Global Group’s payout ratio is presently 30.92%.

Institutional Investors Weigh In On Berry Global Group

A number of hedge funds have recently made changes to their positions in BERY. Balyasny Asset Management L.P. bought a new stake in shares of Berry Global Group during the fourth quarter worth $105,092,000. Norges Bank acquired a new position in Berry Global Group during the 4th quarter worth about $91,526,000. Magnetar Financial LLC acquired a new position in Berry Global Group during the 4th quarter worth about $71,882,000. FMR LLC grew its holdings 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 worth $258,821,000 after acquiring an additional 1,055,756 shares during the last quarter. Finally, AQR Arbitrage LLC acquired a new stake in Berry Global Group in the 4th quarter valued at about $53,950,000. 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.