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

Graco Inc. (NYSE:GGG) – Equities researchers at Zacks Research boosted their FY2026 earnings estimates for Graco in a report released on Tuesday, June 9th. Zacks Research analyst Team now expects that the industrial products company will earn $3.10 per share for the year, up from their prior forecast of $3.09. The consensus estimate for Graco’s current full-year earnings is $3.10 per share.

GGG has been the topic of a number of other reports. Robert W. Baird cut their target price on shares of Graco from $96.00 to $92.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. DA Davidson reissued a “neutral” rating and issued a $85.00 price objective on shares of Graco in a report on Monday, April 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $95.00 price target on shares of Graco in a report on Friday, April 24th. Finally, Weiss Ratings cut Graco from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $94.25.

Graco Price Performance

Shares of NYSE:GGG opened at $74.22 on Friday. The firm’s 50-day moving average is $79.79 and its two-hundred day moving average is $84.35. Graco has a 1 year low of $73.26 and a 1 year high of $95.69. The firm has a market capitalization of $12.32 billion, a PE ratio of 24.18, a price-to-earnings-growth ratio of 2.37 and a beta of 0.93.

Graco (NYSE:GGG) last released its earnings results on Wednesday, April 22nd. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.09). Graco had a return on equity of 18.66% and a net margin of 22.96%.The business had revenue of $540.14 million for the quarter, compared to analysts’ expectations of $561.35 million. During the same period in the previous year, the company earned $0.70 EPS. Graco’s quarterly revenue was up 2.2% compared to the same quarter last year.

Insider Buying and Selling

In related news, Director Andrea Helen Simon purchased 1,240 shares of Graco stock in a transaction that occurred on Monday, April 27th. The shares were purchased at an average cost of $80.53 per share, with a total value of $99,857.20. Following the transaction, the director owned 1,240 shares of the company’s stock, valued at approximately $99,857.20. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.18% of the company’s stock.

Hedge Funds Weigh In On Graco

Hedge funds and other institutional investors have recently bought and sold shares of the stock. AE Wealth Management LLC increased its stake in shares of Graco by 32.7% in the fourth quarter. AE Wealth Management LLC now owns 398,336 shares of the industrial products company’s stock worth $32,652,000 after buying an additional 98,141 shares during the last quarter. Comerica Bank raised its position in Graco by 54.1% during the fourth quarter. Comerica Bank now owns 172,328 shares of the industrial products company’s stock valued at $14,126,000 after buying an additional 60,486 shares during the period. Raiffeisen Bank International AG lifted its position in shares of Graco by 191.8% during the 3rd quarter. Raiffeisen Bank International AG now owns 8,809 shares of the industrial products company’s stock worth $744,000 after buying an additional 5,790 shares during the period. Swiss Life Asset Management Ltd lifted its position in shares of Graco by 40.5% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 45,544 shares of the industrial products company’s stock worth $3,869,000 after buying an additional 13,130 shares during the period. Finally, CWA Asset Management Group LLC acquired a new stake in Graco during the 4th quarter valued at $3,527,000. 93.88% of the stock is owned by institutional investors and hedge funds.

About Graco

Graco Inc is a leading manufacturer of fluid handling systems and components, headquartered in Minneapolis, Minnesota. Founded in 1926, the company has built a reputation for innovation in spray finishing, lubrication, and fluid management technologies. Graco’s solutions are designed to address the needs of paint and coatings applicators, general industry, and process fluids in a variety of end markets.

The company’s product portfolio includes airless and air-assisted spray equipment, pumps for oil and gas applications, industrial lubrication systems, and automated dispensing equipment.