What is Zacks Research’s Estimate for Graco FY2027 Earnings?

Graco Inc. (NYSE:GGG) – Equities research analysts at Zacks Research raised their FY2027 earnings estimates for Graco in a research report issued on Wednesday, August 12th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $3.45 per share for the year, up from their prior estimate of $3.36. The consensus estimate for Graco’s current full-year earnings is $3.26 per share. Zacks Research also issued estimates for Graco’s Q4 2027 earnings at $0.98 EPS and FY2028 earnings at $3.90 EPS.

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

Graco Stock Performance

Shares of Graco stock opened at $82.23 on Friday. Graco has a 1 year low of $72.51 and a 1 year high of $95.69. The firm’s 50-day simple moving average is $76.92 and its 200-day simple moving average is $82.22. The firm has a market cap of $13.32 billion, a PE ratio of 25.86, a price-to-earnings-growth ratio of 2.53 and a beta of 0.92.

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

Institutional Investors Weigh In On Graco

A number of large investors have recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Graco in the first quarter valued at $26,000. Whipplewood Advisors LLC boosted its stake in shares of Graco by 2,650.0% during the 1st quarter. Whipplewood Advisors LLC now owns 330 shares of the industrial products company’s stock valued at $28,000 after buying an additional 318 shares during the period. Essential Partners LLC raised its holdings in shares of Graco by 78.6% during the first quarter. Essential Partners LLC now owns 359 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 158 shares in the last quarter. Elevation Wealth Partners LLC raised its stake in shares of Graco by 2,540.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 528 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 508 shares in the last quarter. Finally, Field & Main Bank acquired a new stake in shares of Graco during the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 93.88% of the company’s stock.

Graco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, July 20th were paid a $0.295 dividend. The ex-dividend date of this dividend was Monday, July 20th. This represents a $1.18 annualized dividend and a dividend yield of 1.4%. Graco’s payout ratio is currently 37.11%.

Graco Company Profile

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.