Graco Inc. (NYSE:GGG – Free Report) – William Blair issued their Q1 2025 earnings per share (EPS) estimates for Graco in a research note issued to investors on Wednesday, January 29th. William Blair analyst R. Sparenblek forecasts that the industrial products company will post earnings of $0.71 per share for the quarter. The consensus estimate for Graco’s current full-year earnings is $3.05 per share. William Blair also issued estimates for Graco’s Q2 2025 earnings at $0.80 EPS, Q3 2025 earnings at $0.76 EPS, Q4 2025 earnings at $0.79 EPS and FY2026 earnings at $3.20 EPS.
A number of other research firms also recently weighed in on GGG. BNP Paribas raised Graco from a “neutral” rating to an “outperform” rating and set a $105.00 price target on the stock in a research note on Thursday, December 19th. Royal Bank of Canada upped their target price on Graco from $93.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Finally, Robert W. Baird cut their target price on Graco from $88.00 to $85.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $91.50.
Graco Price Performance
GGG stock opened at $84.15 on Monday. The company’s 50-day moving average is $86.00 and its 200-day moving average is $84.67. The stock has a market capitalization of $14.21 billion, a PE ratio of 29.84, a price-to-earnings-growth ratio of 2.70 and a beta of 0.84. Graco has a 1 year low of $77.49 and a 1 year high of $94.77.
Graco (NYSE:GGG – Get Free Report) last released its earnings results on Monday, January 27th. The industrial products company reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.13). Graco had a net margin of 23.00% and a return on equity of 19.38%.
Hedge Funds Weigh In On Graco
Institutional investors have recently added to or reduced their stakes in the stock. Kestra Investment Management LLC grew its holdings in Graco by 55.0% during the fourth quarter. Kestra Investment Management LLC now owns 3,921 shares of the industrial products company’s stock valued at $331,000 after purchasing an additional 1,391 shares during the period. CIBC Asset Management Inc grew its stake in shares of Graco by 5.5% during the 4th quarter. CIBC Asset Management Inc now owns 5,209 shares of the industrial products company’s stock worth $439,000 after acquiring an additional 271 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in Graco in the 4th quarter worth about $61,000. Principal Financial Group Inc. raised its stake in Graco by 17.0% in the 4th quarter. Principal Financial Group Inc. now owns 2,328,179 shares of the industrial products company’s stock valued at $196,242,000 after acquiring an additional 337,437 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. purchased a new stake in Graco during the fourth quarter valued at about $3,813,000. Institutional investors own 93.88% of the company’s stock.
Insider Buying and Selling
In other Graco news, insider David J. Thompson sold 3,216 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $88.31, for a total value of $284,004.96. Following the transaction, the insider now owns 27,246 shares of the company’s stock, valued at approximately $2,406,094.26. The trade was a 10.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Caroline M. Chambers sold 8,280 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $90.57, for a total value of $749,919.60. Following the sale, the insider now directly owns 57,612 shares of the company’s stock, valued at approximately $5,217,918.84. This represents a 12.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 31,098 shares of company stock worth $2,776,150. 2.63% of the stock is owned by corporate insiders.
Graco Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, January 20th will be given a dividend of $0.275 per share. This is a boost from Graco’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, January 17th. This represents a $1.10 annualized dividend and a dividend yield of 1.31%. Graco’s payout ratio is presently 39.01%.
Graco Company Profile
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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