Graco Inc. (NYSE:GGG) Expected to Earn FY2026 Earnings of $3.37 Per Share

Graco Inc. (NYSE:GGG) – Zacks Research lowered their FY2026 earnings per share estimates for Graco in a research note issued on Wednesday, August 14th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $3.37 for the year, down from their prior estimate of $3.39. The consensus estimate for Graco’s current full-year earnings is $2.98 per share.

Several other research analysts have also commented on GGG. Robert W. Baird decreased their price target on shares of Graco from $87.00 to $86.00 and set a “neutral” rating for the company in a report on Friday, July 26th. StockNews.com lowered Graco from a “buy” rating to a “hold” rating in a report on Wednesday, June 12th. William Blair reissued a “market perform” rating on shares of Graco in a report on Friday, April 26th. DA Davidson reduced their price objective on Graco from $82.00 to $79.00 and set a “neutral” rating for the company in a research report on Friday, July 26th. Finally, Royal Bank of Canada dropped their target price on Graco from $99.00 to $96.00 and set an “outperform” rating on the stock in a research report on Friday, July 26th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Graco presently has an average rating of “Hold” and a consensus target price of $86.80.

Graco Price Performance

GGG stock opened at $80.23 on Monday. The firm has a market cap of $13.57 billion, a price-to-earnings ratio of 27.67, a PEG ratio of 2.77 and a beta of 0.82. Graco has a 1-year low of $69.78 and a 1-year high of $94.77. The firm has a fifty day moving average price of $80.65 and a two-hundred day moving average price of $84.95.

Graco (NYSE:GGG) last issued its quarterly earnings results on Wednesday, July 24th. The industrial products company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.01. Graco had a return on equity of 22.40% and a net margin of 23.16%. The business had revenue of $553.20 million during the quarter, compared to the consensus estimate of $562.27 million. During the same period in the previous year, the business earned $0.75 EPS. The business’s quarterly revenue was down 1.1% on a year-over-year basis.

Graco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 22nd were given a dividend of $0.255 per share. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.27%. Graco’s dividend payout ratio (DPR) is 35.17%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GGG. Vanguard Group Inc. grew its holdings in Graco by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 17,229,664 shares of the industrial products company’s stock worth $1,494,846,000 after acquiring an additional 144,146 shares during the period. PineStone Asset Management Inc. grew its stake in shares of Graco by 134.4% in the 2nd quarter. PineStone Asset Management Inc. now owns 4,169,176 shares of the industrial products company’s stock worth $330,532,000 after purchasing an additional 2,390,602 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Graco by 4.1% in the 4th quarter. Allianz Asset Management GmbH now owns 1,802,128 shares of the industrial products company’s stock worth $156,353,000 after purchasing an additional 71,788 shares in the last quarter. Norges Bank acquired a new stake in Graco during the fourth quarter valued at approximately $152,941,000. Finally, Bank of New York Mellon Corp boosted its holdings in Graco by 5.6% during the second quarter. Bank of New York Mellon Corp now owns 1,732,600 shares of the industrial products company’s stock worth $137,361,000 after buying an additional 91,794 shares in the last quarter. 93.88% of the stock is currently owned by institutional investors.

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.