Zacks Research Has Positive Forecast for BERY Q2 Earnings

Berry Global Group, Inc. (NYSE:BERY) – Stock analysts at Zacks Research upped their Q2 2026 EPS estimates for Berry Global Group in a research note issued on Tuesday, February 25th. Zacks Research analyst S. Roy now forecasts 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.

Several other brokerages have also recently issued reports on BERY. JPMorgan Chase & Co. restated an “overweight” rating and issued a $76.00 price target (up from $70.00) on shares of Berry Global Group in a research report on Monday, November 25th. Barclays raised their target price on Berry Global Group from $64.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 27th. Citigroup reaffirmed 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 started coverage on Berry Global Group in a research note on Saturday. They issued a “buy” rating for the company. Finally, 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 research note on Monday, February 10th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Berry Global Group has a consensus rating of “Hold” and a consensus price target of $74.56.

Berry Global Group Stock Up 0.6 %

Shares of NYSE BERY opened at $72.15 on Friday. The company has a 50 day simple moving average of $68.24 and a 200 day simple moving average of $68.04. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.61 and a quick ratio of 1.09. Berry Global Group has a 1 year low of $55.24 and a 1 year high of $73.31. The firm has a market cap of $8.35 billion, a PE ratio of 17.99, a price-to-earnings-growth ratio of 1.54 and a beta of 1.15.

Berry Global Group (NYSE:BERY) last issued its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. The business had revenue of $2.39 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.22 EPS.

Berry Global Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Monday, March 3rd. Berry Global Group’s dividend payout ratio (DPR) is presently 30.92%.

Hedge Funds Weigh In On Berry Global Group

Institutional investors and hedge funds have recently modified their holdings of the business. UMB Bank n.a. boosted its position in shares of Berry Global Group by 89.0% during the 4th quarter. UMB Bank n.a. now owns 650 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 306 shares in the last quarter. Quadrant Capital Group LLC raised its stake in Berry Global Group by 28.8% during the 4th quarter. Quadrant Capital Group LLC now owns 738 shares of the industrial products company’s stock worth $48,000 after buying an additional 165 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in Berry Global Group by 3,569.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 844 shares of the industrial products company’s stock worth $55,000 after acquiring an additional 821 shares in the last quarter. Venturi Wealth Management LLC grew its stake in Berry Global Group by 463.5% in the fourth quarter. Venturi Wealth Management LLC now owns 1,065 shares of the industrial products company’s stock valued at $69,000 after acquiring an additional 876 shares during the period. Finally, Capital Performance Advisors LLP bought a new stake in shares of Berry Global Group during the third quarter valued at approximately $75,000. 95.36% of the stock is currently owned by 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.