Zacks Research Analysts Increase Earnings Estimates for BERY

Berry Global Group, Inc. (NYSE:BERY) – Equities researchers at Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for shares of Berry Global Group in a report released on Tuesday, February 25th. Zacks Research analyst S. Roy now anticipates that the industrial products company will post earnings per share of $1.57 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.

Berry Global Group (NYSE:BERY) last issued its earnings results 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. Berry Global Group had a net margin of 3.99% and a return on equity of 28.26%. The firm had revenue of $2.39 billion during the quarter, compared to analyst estimates of $2.35 billion. During the same quarter last year, the business earned $1.22 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis.

BERY has been the topic of several other research reports. Barclays increased 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. StockNews.com started coverage on Berry Global Group in a report on Saturday. They set a “buy” rating on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a $76.00 target price (up previously from $70.00) on shares of Berry Global Group in a report on Monday, November 25th. UBS Group increased their price target on shares of Berry Global Group from $72.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Finally, Truist Financial raised their price objective on shares of Berry Global Group from $74.00 to $76.00 and gave the company a “hold” rating in a research report on Monday, February 10th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $74.56.

Berry Global Group Stock Up 0.6 %

BERY opened at $72.15 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 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. 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 company has a 50 day moving average of $68.08 and a 200 day moving average of $67.96.

Berry Global Group Dividend Announcement

The business also recently announced 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 1.72%. The ex-dividend date is Monday, March 3rd. Berry Global Group’s dividend payout ratio is currently 30.92%.

Institutional Investors Weigh In On Berry Global Group

Several hedge funds have recently bought and sold shares of BERY. EdgePoint Investment Group Inc. raised its position in shares of 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 buying an additional 336,186 shares in the last quarter. State Street Corp increased its stake in Berry Global Group by 10.4% in the third quarter. State Street Corp now owns 3,831,824 shares of the industrial products company’s stock valued at $260,487,000 after acquiring an additional 360,857 shares during the last quarter. FMR LLC raised its position in Berry Global Group by 38.4% during the third 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 in the last quarter. Geode Capital Management LLC lifted its stake in Berry Global Group by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 1,989,350 shares of the industrial products company’s stock worth $128,691,000 after purchasing an additional 6,833 shares during the last quarter. Finally, Khrom Capital Management LLC boosted its holdings in shares of Berry Global Group by 14.8% in 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 purchasing an additional 210,046 shares in the last quarter. 95.36% of the stock is currently owned by institutional investors.

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.