
Graco Inc. (NYSE:GGG – Free Report) – Investment analysts at Zacks Research reduced their FY2026 earnings per share (EPS) estimates for Graco in a report released on Thursday, August 27th. Zacks Research analyst Team now anticipates that the industrial products company will earn $3.21 per share for the year, down from their previous forecast of $3.24. The consensus estimate for Graco’s current full-year earnings is $3.19 per share. Zacks Research also issued estimates for Graco’s Q4 2027 earnings at $0.96 EPS, FY2027 earnings at $3.44 EPS, Q1 2028 earnings at $0.80 EPS and FY2028 earnings at $3.88 EPS.
GGG has been the subject of several other research reports. DA Davidson restated a “neutral” rating and set a $85.00 target price on shares of Graco in a report on Monday, July 27th. Weiss Ratings upgraded shares of Graco from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 4th. Wolfe Research cut shares of Graco from an “outperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Royal Bank Of Canada increased their price objective on shares of Graco from $92.00 to $96.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Finally, Robert W. Baird set a $94.00 price objective on Graco in a report on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Graco has an average rating of “Hold” and a consensus price target of $95.00.
Graco Stock Down 0.6%
Shares of GGG opened at $76.94 on Monday. Graco has a twelve month low of $72.51 and a twelve month high of $95.69. The stock has a market capitalization of $12.46 billion, a P/E ratio of 24.20, a P/E/G ratio of 2.43 and a beta of 0.92. The company has a 50 day moving average of $78.25 and a 200-day moving average of $81.31.
Graco (NYSE:GGG – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The industrial products company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10. Graco had a return on equity of 19.54% and a net margin of 23.53%.The business had revenue of $590.55 million for the quarter, compared to analyst estimates of $608.06 million. During the same quarter last year, the firm earned $0.75 EPS. Graco’s revenue for the quarter was up 3.3% compared to the same quarter last year.
Graco Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, July 20th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, July 20th. Graco’s payout ratio is presently 37.11%.
Institutional Trading of Graco
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Amundi lifted its stake in Graco by 7.5% in the second quarter. Amundi now owns 2,090,184 shares of the industrial products company’s stock valued at $158,039,000 after acquiring an additional 146,032 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Graco during the 2nd quarter worth about $22,244,000. Vancity Investment Management Ltd acquired a new position in shares of Graco during the 2nd quarter worth about $539,000. California State Teachers Retirement System increased its stake in shares of Graco by 6,804.1% during the 2nd quarter. California State Teachers Retirement System now owns 20,492,805 shares of the industrial products company’s stock worth $1,549,461,000 after purchasing an additional 20,195,984 shares during the last quarter. Finally, Saudi Central Bank raised its holdings in shares of Graco by 89.6% in the 2nd quarter. Saudi Central Bank now owns 11,604 shares of the industrial products company’s stock valued at $877,000 after purchasing an additional 5,484 shares during the period. 93.88% of the stock is owned by institutional investors.
About Graco
Graco Inc is a leading manufacturer of fluid handling systems and components, headquartered in Minneapolis, Minnesota. Founded in 1926, the company has built a reputation for innovation in spray finishing, lubrication, and fluid management technologies. Graco’s solutions are designed to address the needs of paint and coatings applicators, general industry, and process fluids in a variety of end markets.
The company’s product portfolio includes airless and air-assisted spray equipment, pumps for oil and gas applications, industrial lubrication systems, and automated dispensing equipment.
Read More
- Five stocks we like better than Graco
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Receive News & Ratings for Graco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graco and related companies with MarketBeat.com's FREE daily email newsletter.
