Zacks Research Analysts Boost Earnings Estimates for Graco

Graco Inc. (NYSE:GGG) – Investment analysts at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for shares of Graco in a research report issued on Thursday, August 27th. Zacks Research analyst Team now anticipates that the industrial products company will earn $0.81 per share for the quarter, up from their previous forecast of $0.80. The consensus estimate for Graco’s current full-year earnings is $3.26 per share. Zacks Research also issued estimates for Graco’s Q3 2027 earnings at $0.86 EPS.

Graco (NYSE:GGG) last released its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10. The company had revenue of $590.55 million during the quarter, compared to analysts’ expectations of $608.06 million. Graco had a return on equity of 19.54% and a net margin of 23.53%.The firm’s revenue was up 3.3% compared to the same quarter last year. During the same period last year, the business posted $0.75 earnings per share.

GGG has been the subject of a number of other reports. Royal Bank Of Canada lifted their target price on shares of Graco from $92.00 to $96.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. DA Davidson restated a “neutral” rating and set a $85.00 price target on shares of Graco in a research note on Monday, July 27th. Weiss Ratings raised shares of Graco from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 4th. Wolfe Research cut shares of Graco from an “outperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Finally, Robert W. Baird set a $94.00 price objective on shares of Graco in a research note on Friday, July 24th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Graco currently has a consensus rating of “Hold” and a consensus price target of $95.00.

Graco Stock Up 0.1%

GGG opened at $79.67 on Friday. Graco has a 52-week low of $72.51 and a 52-week high of $95.69. The company has a market cap of $12.90 billion, a P/E ratio of 25.05, a price-to-earnings-growth ratio of 2.45 and a beta of 0.92. The firm’s 50-day moving average price is $78.10 and its 200-day moving average price is $81.64.

Graco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, July 20th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, July 20th. Graco’s dividend payout ratio (DPR) is presently 37.11%.

Institutional Investors Weigh In On Graco

A number of institutional investors and hedge funds have recently modified their holdings of the company. California State Teachers Retirement System boosted its position in Graco by 6,804.1% in the second quarter. California State Teachers Retirement System now owns 20,492,805 shares of the industrial products company’s stock valued at $1,549,461,000 after buying an additional 20,195,984 shares during the last quarter. BlackRock Inc. purchased a new position in Graco during the 2nd quarter worth approximately $1,396,470,000. State Street Corp raised its position in Graco by 3.2% during the 4th quarter. State Street Corp now owns 7,813,877 shares of the industrial products company’s stock worth $640,503,000 after buying an additional 242,817 shares during the last quarter. Geode Capital Management LLC lifted its stake in Graco by 5.9% during the 4th quarter. Geode Capital Management LLC now owns 4,652,241 shares of the industrial products company’s stock valued at $380,642,000 after acquiring an additional 261,126 shares during the period. Finally, Morgan Stanley lifted its stake in Graco by 5.4% during the 4th quarter. Morgan Stanley now owns 4,057,036 shares of the industrial products company’s stock valued at $332,556,000 after acquiring an additional 206,949 shares during the period. Institutional investors and hedge funds 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.