Graco Inc. (NYSE:GGG – Free Report) – Investment analysts at Zacks Research increased their FY2025 earnings per share (EPS) estimates for Graco in a research note issued on Friday, September 26th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $2.94 per share for the year, up from their prior forecast of $2.93. The consensus estimate for Graco’s current full-year earnings is $3.06 per share. Zacks Research also issued estimates for Graco’s Q4 2025 earnings at $0.75 EPS and Q2 2027 earnings at $0.89 EPS.
Other equities analysts have also issued reports about the company. Wolfe Research initiated coverage on Graco in a research report on Wednesday, June 18th. They set an “outperform” rating for the company. Robert W. Baird boosted their price objective on shares of Graco from $88.00 to $91.00 and gave the company a “neutral” rating in a report on Friday, July 25th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $94.50.
Graco Stock Up 0.8%
GGG stock opened at $84.71 on Monday. Graco has a twelve month low of $72.06 and a twelve month high of $92.86. The business’s fifty day moving average is $85.03 and its 200-day moving average is $84.07. The company has a market cap of $14.04 billion, a P/E ratio of 30.04, a price-to-earnings-growth ratio of 2.86 and a beta of 1.03.
Graco (NYSE:GGG – Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The industrial products company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.03). Graco had a return on equity of 19.05% and a net margin of 22.26%.The firm had revenue of $571.81 million for the quarter, compared to the consensus estimate of $590.57 million. During the same period in the prior year, the firm posted $0.77 earnings per share. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year.
Graco Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 5th. Shareholders of record on Monday, October 20th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Monday, October 20th. This represents a $1.10 dividend on an annualized basis and a yield of 1.3%. Graco’s payout ratio is presently 39.01%.
Institutional Investors Weigh In On Graco
Large investors have recently made changes to their positions in the stock. NewSquare Capital LLC lifted its position in Graco by 320.7% in the 2nd quarter. NewSquare Capital LLC now owns 345 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 263 shares in the last quarter. eCIO Inc. acquired a new stake in shares of Graco in the 1st quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Graco by 41.5% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 481 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 141 shares in the last quarter. WPG Advisers LLC acquired a new position in shares of Graco during the first quarter worth about $41,000. Finally, Geneos Wealth Management Inc. boosted its position 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 worth $42,000 after buying an additional 452 shares during the period. Institutional investors own 93.88% of the company’s stock.
About Graco
Graco Inc designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors.
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