Greif, Inc. is downgraded to Hold due to valuation concerns and mixed financial performance despite recent transformation efforts. GEF's asset sales, including its containerboard business and timberland, reduced net debt from $2.56 billion to $769.3 million, improving leverage. Revenue growth remains minimal, with $3.23 billion for the first nine months of fiscal 2026, while profitability is inflated by one-off gains.