Graco (NYSE:GGG) Stock Gets Price Target Cut from BNP Paribas Exane

Graco (NYSE:GGG) had its price target lowered by BNP Paribas Exane from $95.00 to $85.00 in a research report report published on Friday,Benzinga reports. The brokerage currently has an outperform rating on the industrial products company’s stock.

Other equities analysts also recently issued reports about the company. Robert W. Baird set a $80.00 target price on Graco in a research note on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $82.00 target price (down from $95.00) on shares of Graco in a report on Friday. Wolfe Research cut Graco from an “outperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. DA Davidson reissued a “neutral” rating and issued a $85.00 price target on shares of Graco in a report on Monday, July 27th. Finally, Weiss Ratings raised Graco from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 4th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $87.40.

Graco Trading Down 0.1%

NYSE GGG opened at $66.94 on Friday. Graco has a one year low of $66.55 and a one year high of $95.69. The company has a 50-day simple moving average of $78.22 and a 200-day simple moving average of $78.29. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.24 and a current ratio of 2.12. The firm has a market capitalization of $10.74 billion, a PE ratio of 21.52, a price-to-earnings-growth ratio of 2.07 and a beta of 0.89.

Graco (NYSE:GGG) last announced its quarterly earnings data on Wednesday, October 21st. The industrial products company reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.02). The business had revenue of $586.39 million for the quarter, compared to the consensus estimate of $590.17 million. Graco had a net margin of 22.40% and a return on equity of 20.13%. Graco’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.73 EPS. On average, equities analysts forecast that Graco will post 3.24 earnings per share for the current year.

Graco Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Monday, October 19th will be issued a $0.2950 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, October 19th. Graco’s dividend payout ratio (DPR) is 37.94%.

Institutional Trading of Graco

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Graco in the second quarter valued at approximately $1,396,470,000. Amundi raised its holdings in shares of Graco by 7.5% during the second quarter. Amundi now owns 2,090,184 shares of the industrial products company’s stock valued at $158,039,000 after buying an additional 146,032 shares during the last quarter. Caisse de depot et placement du Quebec acquired a new position in shares of Graco during the second quarter worth approximately $141,667,000. First Trust Advisors LP boosted its position in shares of Graco by 4.2% during the first quarter. First Trust Advisors LP now owns 1,535,923 shares of the industrial products company’s stock worth $130,016,000 after buying an additional 61,706 shares during the period. Finally, Hsbc Holdings PLC acquired a new position in shares of Graco during the second quarter worth approximately $100,157,000. 93.88% of the stock is currently owned by institutional investors.

Trending Headlines about Graco

Here are the key news stories impacting Graco this week:

• Positive Sentiment: Graco’s third-quarter revenue increased 7.9% year over year to approximately $586 million, while organic incoming orders rose 7%, indicating continued demand momentum. Graco: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: BNP Paribas Exane maintained an “outperform” rating despite reducing its price target from $95 to $85, implying substantial potential upside from recent levels. BNP Paribas Exane Graco Rating
• Positive Sentiment: Technical indicators suggest the stock is oversold after a sharp multiweek decline, while analysts have been raising earnings estimates—factors that could support a near-term rebound. Why Buy the Dip in Graco
• Neutral Sentiment: Some analysis suggests Graco could be trading below fair value, potentially attracting value-oriented investors, although the assessment does not remove the near-term earnings risks. Graco Stock Could Be Reasonable Below Fair Value
• Negative Sentiment: Third-quarter adjusted earnings were $0.81 per share versus roughly $0.82–$0.83 expected, and revenue of $586 million fell short of the approximately $590 million consensus. Graco Q3 Earnings and Revenues Miss Estimates
• Negative Sentiment: Investors focused on margin compression and the earnings miss, which outweighed the company’s year-over-year sales growth. Graco Stock Drops as Q3 Results Spotlight Margin Compression
• Negative Sentiment: Fourth-quarter revenue guidance of $610 million to $640 million is below the $641.8 million analyst consensus, raising concerns about near-term demand and profit growth. Why Graco Shares Are Falling

Graco Company Profile

Graco Inc is a global manufacturer of equipment used to move, measure, control, dispense and apply fluids and other materials. Its products are used in industrial, commercial and residential applications involving paints, coatings, sealants, adhesives, lubricants, chemicals and other fluids.

The company’s product portfolio includes pumps, valves, meters, regulators, fluid-management systems, lubrication equipment, spray-applied coating and finishing systems, sealant and adhesive equipment, and contractor-oriented painting and texture application tools.