
Graco Inc. (NYSE:GGG – Free Report) – Analysts at Zacks Research reduced their FY2026 earnings estimates for Graco in a research note issued to investors on Thursday, August 27th. Zacks Research analyst Team now expects that the industrial products company will earn $3.21 per share for the year, down from their prior estimate of $3.24. The consensus estimate for Graco’s current full-year earnings is $3.19 per share. Zacks Research also issued estimates for Graco’s Q4 2027 earnings at $0.96 EPS, FY2027 earnings at $3.44 EPS, Q1 2028 earnings at $0.80 EPS and FY2028 earnings at $3.88 EPS.
Several other research analysts also recently weighed in on the company. Wolfe Research downgraded Graco from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Weiss Ratings upgraded Graco from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 4th. Robert W. Baird set a $94.00 price target on Graco in a report on Friday, July 24th. DA Davidson reiterated a “neutral” rating and issued a $85.00 price objective on shares of Graco in a research report on Monday, July 27th. Finally, Royal Bank Of Canada boosted their price objective on shares of Graco from $92.00 to $96.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $95.00.
Graco Stock Down 2.4%
GGG opened at $77.42 on Monday. Graco has a 52 week low of $72.51 and a 52 week high of $95.69. The business has a 50 day moving average price of $78.20 and a two-hundred day moving average price of $81.43. The company has a market cap of $12.54 billion, a PE ratio of 24.35, a P/E/G ratio of 2.49 and a beta of 0.92.
Graco (NYSE:GGG – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.10. The firm had revenue of $590.55 million for the quarter, compared to analyst estimates of $608.06 million. Graco had a return on equity of 19.54% and a net margin of 23.53%.The business’s revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the company posted $0.75 earnings per share.
Graco Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, July 20th were given a dividend of $0.295 per share. The ex-dividend date was Monday, July 20th. This represents a $1.18 annualized dividend and a yield of 1.5%. Graco’s payout ratio is presently 37.11%.
Hedge Funds Weigh In On Graco
A number of large investors have recently modified their holdings of GGG. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Graco in the first quarter valued at approximately $26,000. Whipplewood Advisors LLC boosted its position 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 worth $28,000 after purchasing an additional 318 shares in the last quarter. Essential Partners LLC boosted its position in shares of Graco by 78.6% during the 1st quarter. Essential Partners LLC now owns 359 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 158 shares in the last quarter. Elevation Wealth Partners LLC grew 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 during the period. Finally, Geneos Wealth Management Inc. grew its stake in shares of Graco by 982.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 498 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 452 shares during the period. 93.88% of the stock is owned by hedge funds and other institutional investors.
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.
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