Gorman-Rupp Company (The) $GRC Shares Sold by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lessened its position in shares of Gorman-Rupp Company (The) (NYSE:GRC) by 2.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 582,470 shares of the industrial products company’s stock after selling 17,050 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Gorman-Rupp were worth $36,189,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its position in shares of Gorman-Rupp by 211.6% in the fourth quarter. Victory Capital Management Inc. now owns 830,480 shares of the industrial products company’s stock worth $39,655,000 after acquiring an additional 564,000 shares during the period. First Trust Advisors LP boosted its stake in shares of Gorman-Rupp by 326.1% during the 1st quarter. First Trust Advisors LP now owns 524,400 shares of the industrial products company’s stock worth $32,581,000 after acquiring an additional 401,340 shares in the last quarter. Amundi acquired a new stake in shares of Gorman-Rupp during the 4th quarter valued at about $5,942,000. Needham Investment Management LLC grew its position in shares of Gorman-Rupp by 30.0% during the 4th quarter. Needham Investment Management LLC now owns 260,000 shares of the industrial products company’s stock valued at $12,415,000 after acquiring an additional 60,000 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Gorman-Rupp by 42.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 123,382 shares of the industrial products company’s stock valued at $5,891,000 after acquiring an additional 37,037 shares during the period. Hedge funds and other institutional investors own 59.26% of the company’s stock.

Gorman-Rupp Stock Up 2.7%

GRC stock opened at $81.76 on Friday. Gorman-Rupp Company has a 52 week low of $39.52 and a 52 week high of $92.78. The company has a quick ratio of 1.76, a current ratio of 2.93 and a debt-to-equity ratio of 0.69. The firm has a 50-day simple moving average of $80.75 and a 200-day simple moving average of $69.40. The stock has a market capitalization of $2.16 billion, a P/E ratio of 36.66, a P/E/G ratio of 2.36 and a beta of 1.28.

Gorman-Rupp (NYSE:GRC) last issued its quarterly earnings results on Friday, July 24th. The industrial products company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.04. Gorman-Rupp had a net margin of 8.45% and a return on equity of 15.08%. The firm had revenue of $186.07 million for the quarter, compared to analyst estimates of $188.89 million. Equities analysts forecast that Gorman-Rupp Company will post 2.6 earnings per share for the current fiscal year.

Gorman-Rupp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, August 14th. Gorman-Rupp’s dividend payout ratio (DPR) is 34.08%.

Analysts Set New Price Targets

GRC has been the subject of a number of analyst reports. Wall Street Zen raised Gorman-Rupp from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. Freedom Capital raised Gorman-Rupp to a “hold” rating in a report on Monday, May 18th. Zacks Research upgraded Gorman-Rupp from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, Weiss Ratings downgraded Gorman-Rupp from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Key Headlines Impacting Gorman-Rupp

Here are the key news stories impacting Gorman-Rupp this week:

• Positive Sentiment: Gorman-Rupp reported second-quarter 2026 earnings of $0.74 per share, topping expectations and improving from $0.60 a year ago, while record net sales rose 3.9% to $186.1 million. Gorman-Rupp Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company declared a quarterly cash dividend of $0.19 per share, extending its streak to 306 consecutive quarterly dividend payments, which reinforces its appeal as a steady income name. Gorman-Rupp Company Declares Cash Dividend
• Positive Sentiment: Zacks Research upgraded GRC from “hold” to “strong-buy,” adding another bullish signal after the earnings report. Zacks Research upgrade
• Neutral Sentiment: Gorman-Rupp announced that CFO James C. Kerr will retire later and be succeeded by current Vice President of Finance Ronald F. Stoops on October 1, 2026, suggesting a planned leadership handoff rather than an abrupt change. The Gorman-Rupp Company Announces CFO Succession Plan
• Neutral Sentiment: Some commentary noted that revenue came in slightly below forecasts, which tempers the earnings beat but has not outweighed the stronger profit and dividend news. Gorman-Rupp shares gain after earnings beat despite revenue coming in below forecasts

Gorman-Rupp Profile

Gorman-Rupp Company is a U.S.-based manufacturer specializing in the design, production and distribution of pumps and pumping systems. Its product lineup includes centrifugal self-priming pumps, submersible pumps, vacuum priming pumps and engineered pumps for applications such as water and wastewater management, sewage handling, dewatering, industrial processing and agricultural irrigation. The company supports both standard pump requirements and custom engineered solutions for original equipment manufacturers (OEMs) and municipal clients.

Headquartered in Mansfield, Ohio, Gorman-Rupp has built a reputation for rugged, reliable equipment and aftermarket support services.