FY2027 Earnings Estimate for Graco Issued By Zacks Research

Graco Inc. (NYSE:GGG) – Equities research analysts at Zacks Research dropped their FY2027 EPS estimates for Graco in a report issued on Tuesday, July 14th. Zacks Research analyst Team now expects that the industrial products company will earn $3.36 per share for the year, down from their prior forecast of $3.38. The consensus estimate for Graco’s current full-year earnings is $3.10 per share. Zacks Research also issued estimates for Graco’s Q4 2027 earnings at $0.93 EPS, Q2 2028 earnings at $1.00 EPS and FY2028 earnings at $3.88 EPS.

Graco (NYSE:GGG) last released its earnings results on Wednesday, April 22nd. The industrial products company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.09). Graco had a return on equity of 18.66% and a net margin of 22.96%.The company had revenue of $540.14 million during the quarter, compared to analyst estimates of $561.35 million. During the same quarter last year, the business earned $0.70 earnings per share. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis.

Several other research firms have also commented on GGG. Robert W. Baird lowered their price objective on Graco from $96.00 to $92.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. DA Davidson reiterated a “neutral” rating and issued a $85.00 target price on shares of Graco in a research note on Monday, April 27th. Wolfe Research cut shares of Graco from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Weiss Ratings downgraded shares of Graco from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $95.00 price objective on shares of Graco in a report on Friday, April 24th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $94.25.

Graco Stock Down 0.1%

Shares of GGG opened at $73.83 on Wednesday. The company has a market capitalization of $12.25 billion, a price-to-earnings ratio of 24.05, a PEG ratio of 2.38 and a beta of 0.93. Graco has a 52 week low of $72.51 and a 52 week high of $95.69. The stock’s 50-day moving average price is $75.43 and its 200-day moving average price is $83.08.

Institutional Investors Weigh In On Graco

Several institutional investors and hedge funds have recently added to or reduced their stakes in GGG. Goldman Sachs Group Inc. grew its position in shares of Graco by 15.6% in the first quarter. Goldman Sachs Group Inc. now owns 330,409 shares of the industrial products company’s stock valued at $27,592,000 after purchasing an additional 44,573 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Graco by 982.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 498 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 452 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Graco by 97.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,765 shares of the industrial products company’s stock valued at $152,000 after buying an additional 870 shares in the last quarter. Marshall Wace LLP boosted its holdings in Graco by 559.5% in the 2nd quarter. Marshall Wace LLP now owns 108,100 shares of the industrial products company’s stock worth $9,293,000 after buying an additional 91,708 shares during the last quarter. Finally, Federated Hermes Inc. boosted its holdings in Graco by 4.2% in the 2nd quarter. Federated Hermes Inc. now owns 21,289 shares of the industrial products company’s stock worth $1,830,000 after buying an additional 852 shares during the last quarter. Hedge funds and other institutional investors own 93.88% of the company’s stock.

Insider Activity at Graco

In other Graco news, Director Andrea Helen Simon bought 1,240 shares of Graco stock in a transaction dated Monday, April 27th. The stock was acquired at an average cost of $80.53 per share, with a total value of $99,857.20. Following the purchase, the director directly owned 1,240 shares in the company, valued at $99,857.20. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 2.18% of the stock is owned by company insiders.

Graco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Monday, July 20th will be given a $0.295 dividend. The ex-dividend date is Monday, July 20th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.6%. Graco’s payout ratio is 38.44%.

Graco Company Profile

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.