What is Zacks Research’s Forecast for Graco FY2026 Earnings?

Graco Inc. (NYSE:GGG) – Equities research analysts at Zacks Research boosted their FY2026 EPS estimates for Graco in a report released on Monday, October 5th. Zacks Research analyst Team now anticipates that the industrial products company will earn $3.26 per share for the year, up from their previous forecast of $3.21. The consensus estimate for Graco’s current full-year earnings is $3.22 per share. Zacks Research also issued estimates for Graco’s Q4 2027 earnings at $0.97 EPS and FY2027 earnings at $3.47 EPS.

Several other equities research analysts also recently weighed in on GGG. Royal Bank Of Canada increased their price objective on Graco from $92.00 to $96.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Wolfe Research downgraded shares of Graco from an “outperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Robert W. Baird set a $94.00 target price on shares of Graco in a research note on Friday, July 24th. DA Davidson reaffirmed a “neutral” rating and set a $85.00 price objective on shares of Graco in a research note on Monday, July 27th. Finally, Weiss Ratings raised Graco from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $95.00.

Graco Price Performance

Shares of NYSE:GGG opened at $78.39 on Wednesday. The company’s fifty day moving average price is $79.09 and its 200 day moving average price is $78.79. Graco has a 12 month low of $72.51 and a 12 month high of $95.69. The firm has a market capitalization of $12.70 billion, a P/E ratio of 24.65, a P/E/G ratio of 2.40 and a beta of 0.89.

Graco (NYSE:GGG) last issued its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.10. Graco had a net margin of 23.53% and a return on equity of 19.54%. The business had revenue of $590.55 million during the quarter, compared to the consensus estimate of $608.06 million. During the same quarter in the previous year, the firm earned $0.75 EPS. The company’s revenue was up 3.3% compared to the same quarter last year.

Hedge Funds Weigh In On Graco

Several hedge funds have recently added to or reduced their stakes in the business. Cassaday & Co Wealth Management LLC acquired a new stake in Graco during the 1st quarter valued at $26,000. Whipplewood Advisors LLC grew its holdings in shares of Graco by 2,650.0% during the first quarter. Whipplewood Advisors LLC now owns 330 shares of the industrial products company’s stock worth $28,000 after buying an additional 318 shares in the last quarter. Essential Partners LLC raised its position in shares of Graco by 78.6% in the first quarter. Essential Partners LLC now owns 359 shares of the industrial products company’s stock valued at $30,000 after buying an additional 158 shares during the last quarter. Root Financial Partners LLC lifted its stake in shares of Graco by 43.2% during the first quarter. Root Financial Partners LLC now owns 504 shares of the industrial products company’s stock valued at $43,000 after buying an additional 152 shares during the period. Finally, Elevation Wealth Partners LLC boosted its position in Graco by 2,540.0% during the second quarter. Elevation Wealth Partners LLC now owns 528 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 508 shares during the last quarter. 93.88% of the stock is currently owned by hedge funds and other institutional investors.

Graco Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Monday, October 19th will be given a dividend of $0.2950 per share. This represents a $1.18 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, October 19th. Graco’s dividend payout ratio is presently 37.11%.

About Graco

Graco Inc is a Minneapolis-based manufacturer of equipment used to manage, measure, control and apply fluids and coatings. Its products are used in industrial, commercial and residential applications, including fluid handling, lubrication, dispensing, sealing, bonding, painting and corrosion protection.

The company’s product portfolio includes pumps, valves, meters, regulators, controls, proportioning systems and spray equipment. Graco also supplies equipment for paint and texture application, protective coatings, sealants and adhesives, vehicle servicing, and the automated lubrication of machinery.