Zacks Research Weighs in on Graco Inc.’s FY2025 Earnings (NYSE:GGG)

Graco Inc. (NYSE:GGGFree Report) – Research analysts at Zacks Research lifted their FY2025 earnings estimates for shares of Graco in a research report issued on Wednesday, April 17th. Zacks Research analyst R. Department now anticipates that the industrial products company will earn $3.21 per share for the year, up from their previous estimate of $3.20. The consensus estimate for Graco’s current full-year earnings is $3.14 per share. Zacks Research also issued estimates for Graco’s FY2026 earnings at $3.35 EPS.

Graco (NYSE:GGGGet Free Report) last released its earnings results on Monday, January 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. Graco had a net margin of 23.07% and a return on equity of 24.61%. The company had revenue of $566.64 million during the quarter, compared to analyst estimates of $565.86 million.

GGG has been the subject of a number of other reports. StockNews.com upgraded Graco from a “hold” rating to a “buy” rating in a research report on Wednesday, January 3rd. Jefferies Financial Group lifted their target price on Graco from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. Finally, Royal Bank of Canada lifted their target price on Graco from $91.00 to $93.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Graco currently has an average rating of “Moderate Buy” and a consensus price target of $84.80.

Check Out Our Latest Analysis on Graco

Graco Stock Performance

NYSE GGG opened at $88.10 on Thursday. The company has a market capitalization of $14.85 billion, a P/E ratio of 29.97, a P/E/G ratio of 2.84 and a beta of 0.81. Graco has a one year low of $68.78 and a one year high of $94.77. The stock has a 50 day moving average price of $91.19 and a 200-day moving average price of $84.35.

Hedge Funds Weigh In On Graco

Hedge funds have recently modified their holdings of the business. Tobam boosted its holdings in Graco by 2,330.8% during the 4th quarter. Tobam now owns 316 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 303 shares during the period. Sound Income Strategies LLC purchased a new position in Graco during the 4th quarter valued at about $28,000. Fortitude Family Office LLC purchased a new position in Graco during the 4th quarter valued at about $29,000. Money Concepts Capital Corp boosted its holdings in Graco by 569.7% during the 4th quarter. Money Concepts Capital Corp now owns 509 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 433 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new position in Graco during the 2nd quarter valued at about $35,000. 93.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Graco

In related news, insider Timothy R. White sold 2,895 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $87.49, for a total value of $253,283.55. Following the sale, the insider now owns 50,782 shares in the company, valued at $4,442,917.18. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, VP Angela F. Wordell sold 3,588 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $93.60, for a total value of $335,836.80. Following the completion of the transaction, the vice president now directly owns 12,725 shares of the company’s stock, valued at approximately $1,191,060. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Timothy R. White sold 2,895 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $87.49, for a total value of $253,283.55. Following the completion of the sale, the insider now directly owns 50,782 shares of the company’s stock, valued at $4,442,917.18. The disclosure for this sale can be found here. Insiders have sold a total of 48,378 shares of company stock worth $4,376,528 over the last quarter. Insiders own 2.63% of the company’s stock.

Graco Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a $0.255 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.02 dividend on an annualized basis and a yield of 1.16%. Graco’s dividend payout ratio is currently 34.69%.

Graco Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Graco (NYSE:GGG)

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