Research Analysts Offer Predictions for Graco Q3 Earnings

Graco Inc. (NYSE:GGG) – Zacks Research increased their Q3 2026 earnings per share (EPS) estimates for Graco in a research report issued to clients and investors on Tuesday, June 9th. Zacks Research analyst Team now expects that the industrial products company will earn $0.80 per share for the quarter, up from their previous forecast of $0.79. The consensus estimate for Graco’s current full-year earnings is $3.10 per share. Zacks Research also issued estimates for Graco’s Q2 2027 earnings at $0.88 EPS, Q3 2027 earnings at $0.82 EPS, Q4 2027 earnings at $0.94 EPS, FY2027 earnings at $3.38 EPS, Q1 2028 earnings at $0.88 EPS and FY2028 earnings at $3.90 EPS.

A number of other equities research analysts have also recently commented on GGG. Robert W. Baird cut their target price on 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 target price on shares of Graco in a research note on Monday, April 27th. Weiss Ratings cut Graco from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $95.00 target price on shares of Graco in a research note on Friday, April 24th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $94.25.

Graco Stock Down 3.2%

Shares of GGG stock opened at $73.46 on Thursday. The stock has a market cap of $12.19 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 2.45 and a beta of 0.93. The business’s fifty day moving average is $80.00 and its 200 day moving average is $84.40. Graco has a twelve month low of $73.26 and a twelve month high of $95.69.

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

Insider Activity at Graco

In related news, Director Andrea Helen Simon bought 1,240 shares of the business’s stock in a transaction dated 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 completion of the purchase, the director owned 1,240 shares in the company, valued at approximately $99,857.20. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.18% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Cassaday & Co Wealth Management LLC bought a new position in shares of Graco during the first quarter valued at $26,000. Whipplewood Advisors LLC lifted its holdings in shares of Graco by 2,650.0% during the first quarter. Whipplewood Advisors LLC now owns 330 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 318 shares in the last quarter. Essential Partners LLC lifted 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 valued at $30,000 after purchasing an additional 158 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of Graco by 42.6% during the third quarter. Assetmark Inc. now owns 465 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 139 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Graco by 982.6% during the first quarter. Geneos Wealth Management Inc. now owns 498 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 452 shares in the last quarter. 93.88% of the stock is owned by institutional investors.

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.