Gorman-Rupp (NYSE:GRC) Posts Earnings Results, Beats Expectations By $0.04 EPS

Gorman-Rupp (NYSE:GRC) released its quarterly earnings results on Friday. The industrial products company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.04, Zacks reports. The company had revenue of $186.07 million during the quarter, compared to the consensus estimate of $188.89 million. Gorman-Rupp had a net margin of 8.45% and a return on equity of 15.08%.

Gorman-Rupp Price Performance

Gorman-Rupp stock opened at $81.76 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.76 and a current ratio of 2.93. Gorman-Rupp has a 52 week low of $39.52 and a 52 week high of $92.78. The stock has a market capitalization of $2.16 billion, a P/E ratio of 36.66, a price-to-earnings-growth ratio of 2.36 and a beta of 1.28. The stock has a fifty day moving average of $80.75 and a 200-day moving average of $69.40.

Gorman-Rupp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.9%. Gorman-Rupp’s payout ratio is 34.08%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on GRC. Weiss Ratings cut Gorman-Rupp from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, June 12th. Freedom Capital upgraded Gorman-Rupp to a “hold” rating in a research report on Monday, May 18th. Wall Street Zen upgraded shares of Gorman-Rupp from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. Finally, Zacks Research upgraded shares of Gorman-Rupp from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC increased its position in Gorman-Rupp by 130.7% during the 4th quarter. NewEdge Advisors LLC now owns 669 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 379 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of Gorman-Rupp by 125.0% during the second quarter. Osaic Holdings Inc. now owns 1,690 shares of the industrial products company’s stock worth $62,000 after buying an additional 939 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Gorman-Rupp by 135.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,053 shares of the industrial products company’s stock valued at $75,000 after acquiring an additional 1,180 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of Gorman-Rupp in the 4th quarter valued at $100,000. Finally, Quantbot Technologies LP boosted its holdings in shares of Gorman-Rupp by 14.4% during the 3rd quarter. Quantbot Technologies LP now owns 2,980 shares of the industrial products company’s stock valued at $138,000 after acquiring an additional 376 shares in the last quarter. Institutional investors own 59.26% of the company’s stock.

Key Stories Impacting Gorman-Rupp

Here are the key news stories impacting Gorman-Rupp this week:

• Positive Sentiment: Gorman-Rupp reported second-quarter 2026 earnings of $0.74 per share, topping expectations and improving from $0.60 a year ago, while record net sales rose 3.9% to $186.1 million. Gorman-Rupp Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company declared a quarterly cash dividend of $0.19 per share, extending its streak to 306 consecutive quarterly dividend payments, which reinforces its appeal as a steady income name. Gorman-Rupp Company Declares Cash Dividend
• Positive Sentiment: Zacks Research upgraded GRC from “hold” to “strong-buy,” adding another bullish signal after the earnings report. Zacks Research upgrade
• Neutral Sentiment: Gorman-Rupp announced that CFO James C. Kerr will retire later and be succeeded by current Vice President of Finance Ronald F. Stoops on October 1, 2026, suggesting a planned leadership handoff rather than an abrupt change. The Gorman-Rupp Company Announces CFO Succession Plan
• Neutral Sentiment: Some commentary noted that revenue came in slightly below forecasts, which tempers the earnings beat but has not outweighed the stronger profit and dividend news. Gorman-Rupp shares gain after earnings beat despite revenue coming in below forecasts

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.