Graco Inc. (NYSE:GGG – Free Report) – Analysts at Zacks Research reduced their FY2025 EPS estimates for Graco in a research note issued to investors on Wednesday, November 13th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $3.10 for the year, down from their previous forecast of $3.13. The consensus estimate for Graco’s current full-year earnings is $2.91 per share. Zacks Research also issued estimates for Graco’s Q4 2025 earnings at $0.84 EPS.
Other equities research analysts also recently issued research reports about the stock. DA Davidson reissued a “neutral” rating and set a $79.00 price target on shares of Graco in a research report on Friday, September 27th. Robert W. Baird cut their target price on shares of Graco from $88.00 to $85.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Royal Bank of Canada cut their target price on shares of Graco from $96.00 to $93.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Graco currently has a consensus rating of “Hold” and a consensus target price of $89.25.
Graco Stock Up 0.5 %
Shares of GGG opened at $89.62 on Monday. The company has a market capitalization of $15.13 billion, a P/E ratio of 31.67, a price-to-earnings-growth ratio of 3.07 and a beta of 0.82. The firm has a 50 day moving average of $85.13 and a 200 day moving average of $82.48. Graco has a twelve month low of $77.49 and a twelve month high of $94.77.
Graco (NYSE:GGG – Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.05). The firm had revenue of $519.21 million for the quarter, compared to the consensus estimate of $538.19 million. Graco had a net margin of 22.87% and a return on equity of 21.24%. Graco’s revenue was down 3.8% on a year-over-year basis. During the same period last year, the business earned $0.76 EPS.
Graco Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Monday, October 21st were paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 1.14%. The ex-dividend date was Monday, October 21st. Graco’s dividend payout ratio is presently 36.04%.
Insider Transactions at Graco
In other news, insider David J. Thompson sold 3,216 shares of Graco stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $88.31, for a total transaction of $284,004.96. Following the transaction, the insider now owns 27,246 shares in the company, valued at $2,406,094.26. This trade represents a 10.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.63% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of GGG. PineStone Asset Management Inc. boosted its stake in shares of Graco by 134.4% during the 2nd quarter. PineStone Asset Management Inc. now owns 4,169,176 shares of the industrial products company’s stock worth $330,532,000 after acquiring an additional 2,390,602 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Graco by 244.4% during the 3rd quarter. Principal Financial Group Inc. now owns 1,990,742 shares of the industrial products company’s stock valued at $174,210,000 after buying an additional 1,412,704 shares in the last quarter. State Street Corp lifted its stake in shares of Graco by 6.3% during the 3rd quarter. State Street Corp now owns 7,458,988 shares of the industrial products company’s stock valued at $652,736,000 after buying an additional 443,141 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in shares of Graco by 142.9% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 652,048 shares of the industrial products company’s stock valued at $57,061,000 after buying an additional 383,599 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of Graco during the 2nd quarter valued at $27,502,000. Hedge funds and other institutional investors own 93.88% of the company’s stock.
About Graco
Graco Inc designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors.
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