Sidoti Analysts Increase Earnings Estimates for Gorman-Rupp

Gorman-Rupp Company (The) (NYSE:GRC) – Equities research analysts at Sidoti raised their Q1 2027 EPS estimates for shares of Gorman-Rupp in a note issued to investors on Wednesday, June 24th. Sidoti analyst J. Franzreb now forecasts that the industrial products company will post earnings of $0.68 per share for the quarter, up from their previous estimate of $0.62. The consensus estimate for Gorman-Rupp’s current full-year earnings is $2.60 per share. Sidoti also issued estimates for Gorman-Rupp’s Q2 2027 earnings at $0.84 EPS, Q3 2027 earnings at $0.79 EPS and FY2027 earnings at $3.04 EPS.

Several other equities research analysts have also issued reports on GRC. Wall Street Zen raised shares of Gorman-Rupp from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. Weiss Ratings downgraded shares of Gorman-Rupp from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, June 12th. Freedom Capital upgraded shares of Gorman-Rupp to a “hold” rating in a research report on Monday, May 18th. Finally, Zacks Research cut shares of Gorman-Rupp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Gorman-Rupp Stock Down 0.4%

Shares of NYSE GRC opened at $86.13 on Thursday. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 38.62, a PEG ratio of 2.56 and a beta of 1.31. The company has a current ratio of 2.93, a quick ratio of 1.76 and a debt-to-equity ratio of 0.69. Gorman-Rupp has a 12 month low of $36.16 and a 12 month high of $89.62. The stock has a 50-day moving average price of $76.62 and a two-hundred day moving average price of $64.28.

Gorman-Rupp (NYSE:GRC) last announced its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.19. The business had revenue of $176.59 million during the quarter, compared to the consensus estimate of $170.61 million. Gorman-Rupp had a return on equity of 15.08% and a net margin of 8.45%.

Institutional Investors Weigh In On Gorman-Rupp

A number of institutional investors have recently added to or reduced their stakes in GRC. Cerity Partners LLC increased its position in Gorman-Rupp by 3.2% in the 4th quarter. Cerity Partners LLC now owns 4,776 shares of the industrial products company’s stock valued at $228,000 after acquiring an additional 150 shares during the period. Captrust Financial Advisors lifted its holdings in shares of Gorman-Rupp by 3.5% during the fourth quarter. Captrust Financial Advisors now owns 4,872 shares of the industrial products company’s stock worth $233,000 after purchasing an additional 163 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Gorman-Rupp by 1.8% during the first quarter. PNC Financial Services Group Inc. now owns 9,892 shares of the industrial products company’s stock worth $615,000 after purchasing an additional 176 shares during the period. Fifth Third Bancorp grew its stake in shares of Gorman-Rupp by 14.1% in the first quarter. Fifth Third Bancorp now owns 1,461 shares of the industrial products company’s stock worth $91,000 after purchasing an additional 180 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Gorman-Rupp by 0.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 45,370 shares of the industrial products company’s stock worth $2,166,000 after purchasing an additional 203 shares during the last quarter. 59.26% of the stock is owned by institutional investors.

Gorman-Rupp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given a dividend of $0.19 per share. The ex-dividend date was Friday, May 15th. This represents a $0.76 annualized dividend and a yield of 0.9%. Gorman-Rupp’s dividend payout ratio (DPR) is currently 34.08%.

About Gorman-Rupp

Gorman-Rupp Company is a U.S.-based manufacturer specializing in the design, production and distribution of pumps and pumping systems. Its product lineup includes centrifugal self-priming pumps, submersible pumps, vacuum priming pumps and engineered pumps for applications such as water and wastewater management, sewage handling, dewatering, industrial processing and agricultural irrigation. The company supports both standard pump requirements and custom engineered solutions for original equipment manufacturers (OEMs) and municipal clients.

Headquartered in Mansfield, Ohio, Gorman-Rupp has built a reputation for rugged, reliable equipment and aftermarket support services.