
Graco Inc. (NYSE:GGG – Free Report) – Zacks Research boosted their FY2026 earnings per share estimates for Graco in a report issued on Tuesday, June 9th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $3.10 per share for the year, up from their prior forecast of $3.09. The consensus estimate for Graco’s current full-year earnings is $3.10 per share.
A number of other equities research analysts have also commented on the company. Weiss Ratings lowered Graco from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Robert W. Baird decreased their target price on Graco from $96.00 to $92.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $95.00 price target on shares of Graco in a research note on Friday, April 24th. Finally, DA Davidson restated a “neutral” rating and issued a $85.00 target price on shares of Graco in a research note on Monday, April 27th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Graco presently has an average rating of “Hold” and a consensus price target of $94.25.
Graco Price Performance
Shares of NYSE:GGG opened at $74.22 on Friday. The business’s 50 day simple moving average is $79.79 and its 200 day simple moving average is $84.35. Graco has a 1 year low of $73.26 and a 1 year high of $95.69. The company has a market capitalization of $12.32 billion, a P/E ratio of 24.18, a P/E/G ratio of 2.37 and a beta of 0.93.
Graco (NYSE:GGG – Get Free Report) last released its earnings results on Wednesday, April 22nd. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.09). The company had revenue of $540.14 million for the quarter, compared to the consensus estimate of $561.35 million. Graco had a return on equity of 18.66% and a net margin of 22.96%.The business’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.70 EPS.
Insider Transactions at Graco
In other news, Director Andrea Helen Simon purchased 1,240 shares of the firm’s stock in a transaction dated Monday, April 27th. The shares were purchased at an average price of $80.53 per share, with a total value of $99,857.20. Following the completion of the acquisition, the director owned 1,240 shares in the company, valued at $99,857.20. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 2.18% of the stock is owned by insiders.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. AE Wealth Management LLC boosted its position in Graco by 32.7% during the fourth quarter. AE Wealth Management LLC now owns 398,336 shares of the industrial products company’s stock valued at $32,652,000 after buying an additional 98,141 shares during the period. Comerica Bank boosted its holdings in Graco by 54.1% in the fourth quarter. Comerica Bank now owns 172,328 shares of the industrial products company’s stock worth $14,126,000 after purchasing an additional 60,486 shares during the last quarter. Raiffeisen Bank International AG boosted its holdings in Graco by 191.8% in the third quarter. Raiffeisen Bank International AG now owns 8,809 shares of the industrial products company’s stock worth $744,000 after purchasing an additional 5,790 shares during the last quarter. Swiss Life Asset Management Ltd boosted its stake in shares of Graco by 40.5% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 45,544 shares of the industrial products company’s stock worth $3,869,000 after acquiring an additional 13,130 shares during the last quarter. Finally, CWA Asset Management Group LLC purchased a new position in shares of Graco during the 4th quarter worth $3,527,000. Institutional investors own 93.88% of the company’s stock.
About Graco
Graco Inc is a leading manufacturer of fluid handling systems and components, headquartered in Minneapolis, Minnesota. Founded in 1926, the company has built a reputation for innovation in spray finishing, lubrication, and fluid management technologies. Graco’s solutions are designed to address the needs of paint and coatings applicators, general industry, and process fluids in a variety of end markets.
The company’s product portfolio includes airless and air-assisted spray equipment, pumps for oil and gas applications, industrial lubrication systems, and automated dispensing equipment.
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