What is DA Davidson’s Estimate for Graco Q1 Earnings?

Graco Inc. (NYSE:GGG) – Research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Graco in a note issued to investors on Friday, January 31st. DA Davidson analyst M. Summerville anticipates that the industrial products company will earn $0.67 per share for the quarter. The consensus estimate for Graco’s current full-year earnings is $3.06 per share.

Graco (NYSE:GGG) last announced its quarterly earnings data on Monday, January 27th. The industrial products company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.13). Graco had a return on equity of 19.38% and a net margin of 23.00%.

GGG has been the subject of a number of other reports. BNP Paribas raised Graco from a “neutral” rating to an “outperform” rating and set a $105.00 price target for the company in a report on Thursday, December 19th. Royal Bank of Canada boosted their price objective on Graco from $93.00 to $97.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Finally, Robert W. Baird decreased their price objective on shares of Graco from $88.00 to $85.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $91.50.

Graco Stock Down 1.0 %

Shares of NYSE GGG opened at $83.33 on Monday. The company has a market cap of $14.07 billion, a P/E ratio of 29.55, a P/E/G ratio of 2.75 and a beta of 0.84. Graco has a 12 month low of $77.49 and a 12 month high of $94.77. The business’s 50 day moving average is $85.82 and its two-hundred day moving average is $84.67.

Graco Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, January 20th will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.32%. This is an increase from Graco’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, January 17th. Graco’s dividend payout ratio (DPR) is 39.01%.

Insider Transactions at Graco

In other news, insider David J. Thompson sold 3,216 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $88.31, for a total transaction of $284,004.96. Following the completion of the transaction, the insider now directly owns 27,246 shares in the company, valued at approximately $2,406,094.26. This represents a 10.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn L. Schoenrock sold 1,527 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $90.30, for a total transaction of $137,888.10. Following the transaction, the executive vice president now owns 6,374 shares in the company, valued at $575,572.20. The trade was a 19.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 31,098 shares of company stock valued at $2,776,150 in the last quarter. 2.63% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Graco

Large investors have recently bought and sold shares of the business. Millennium Management LLC grew its stake in shares of Graco by 43.5% during the second quarter. Millennium Management LLC now owns 128,076 shares of the industrial products company’s stock worth $10,154,000 after acquiring an additional 38,853 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Graco by 38.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,063 shares of the industrial products company’s stock valued at $164,000 after purchasing an additional 570 shares during the period. Sanctuary Advisors LLC purchased a new position in Graco in the 2nd quarter valued at about $985,000. Handelsbanken Fonder AB increased its position in shares of Graco by 44.3% during the third quarter. Handelsbanken Fonder AB now owns 47,590 shares of the industrial products company’s stock worth $4,165,000 after purchasing an additional 14,600 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in Graco by 19.4% during the third quarter. GAMMA Investing LLC now owns 2,861 shares of the industrial products company’s stock worth $250,000 after acquiring an additional 464 shares during the last quarter. 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.