Zacks Research Analysts Increase Earnings Estimates for Graco Inc. (NYSE:GGG)

Graco Inc. (NYSE:GGG) – Equities researchers at Zacks Research increased their FY2025 earnings per share estimates for shares of Graco in a note issued to investors on Wednesday, April 17th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings of $3.21 per share for the year, up from their previous forecast of $3.20. The consensus estimate for Graco’s current full-year earnings is $3.14 per share. Zacks Research also issued estimates for Graco’s FY2026 earnings at $3.35 EPS.

Graco (NYSE:GGG) last announced its earnings results on Monday, January 29th. The industrial products company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm had revenue of $566.64 million for the quarter, compared to the consensus estimate of $565.86 million. Graco had a return on equity of 24.61% and a net margin of 23.07%.

Other analysts also recently issued research reports about the company. Jefferies Financial Group boosted their price target on Graco from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. StockNews.com upgraded Graco from a “hold” rating to a “buy” rating in a research note on Wednesday, January 3rd. Finally, Royal Bank of Canada upped their target price on Graco from $91.00 to $93.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $84.80.

Graco Stock Performance

Graco stock opened at $88.42 on Thursday. The business’s 50-day simple moving average is $91.19 and its two-hundred day simple moving average is $84.46. The company has a market cap of $14.90 billion, a PE ratio of 30.07, a PEG ratio of 2.82 and a beta of 0.81. Graco has a fifty-two week low of $68.78 and a fifty-two week high of $94.77.

Graco Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a $0.255 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.15%. Graco’s payout ratio is 34.69%.

Insider Transactions at Graco

In related news, insider Timothy R. White sold 2,895 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $87.49, for a total value of $253,283.55. Following the completion of the transaction, the insider now owns 50,782 shares of the company’s stock, valued at approximately $4,442,917.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Timothy R. White sold 2,895 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $87.49, for a total value of $253,283.55. Following the completion of the transaction, the insider now owns 50,782 shares of the company’s stock, valued at approximately $4,442,917.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Angela F. Wordell sold 3,588 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $93.60, for a total value of $335,836.80. Following the completion of the transaction, the vice president now directly owns 12,725 shares of the company’s stock, valued at approximately $1,191,060. The disclosure for this sale can be found here. Insiders have sold 48,378 shares of company stock worth $4,376,528 over the last quarter. 2.63% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Graco

A number of hedge funds have recently made changes to their positions in GGG. Tobam raised its holdings in shares of Graco by 2,330.8% during the fourth quarter. Tobam now owns 316 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 303 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Graco during the fourth quarter valued at approximately $28,000. Fortitude Family Office LLC acquired a new position in shares of Graco during the fourth quarter valued at approximately $29,000. Money Concepts Capital Corp raised its holdings in shares of Graco by 569.7% during the fourth quarter. Money Concepts Capital Corp now owns 509 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 433 shares during the last quarter. Finally, Eagle Bay Advisors LLC acquired a new position in shares of Graco during the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 93.88% of the company’s stock.

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.