Research Analysts Issue Forecasts for Graco FY2025 Earnings

Graco Inc. (NYSE:GGG) – Equities researchers at DA Davidson increased their FY2025 EPS estimates for Graco in a research report issued to clients and investors on Monday, October 27th. DA Davidson analyst M. Summerville now anticipates that the industrial products company will post earnings per share of $2.97 for the year, up from their prior estimate of $2.95. The consensus estimate for Graco’s current full-year earnings is $3.06 per share. DA Davidson also issued estimates for Graco’s FY2026 earnings at $3.23 EPS.

Graco (NYSE:GGG) last released its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.02). Graco had a net margin of 22.72% and a return on equity of 18.89%. The firm had revenue of $543.36 million during the quarter, compared to the consensus estimate of $563.07 million. During the same quarter last year, the business posted $0.71 earnings per share. Graco’s revenue was up 4.7% compared to the same quarter last year.

A number of other equities analysts have also commented on the stock. Weiss Ratings lowered shares of Graco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Robert W. Baird set a $89.00 price objective on shares of Graco in a research report on Friday, October 24th. Finally, KeyCorp restated a “sector weight” rating on shares of Graco in a research report on Thursday, October 23rd. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $94.00.

Graco Trading Down 0.1%

GGG stock opened at $80.72 on Wednesday. The firm has a 50 day moving average of $84.03 and a 200-day moving average of $84.29. Graco has a 12 month low of $72.06 and a 12 month high of $92.86. The firm has a market capitalization of $13.38 billion, a P/E ratio of 27.55, a price-to-earnings-growth ratio of 2.71 and a beta of 1.07.

Institutional Investors Weigh In On Graco

A number of institutional investors and hedge funds have recently bought and sold shares of GGG. Norges Bank purchased a new position in shares of Graco during the second quarter worth approximately $170,661,000. AQR Capital Management LLC raised its stake in shares of Graco by 116.8% during the second quarter. AQR Capital Management LLC now owns 735,146 shares of the industrial products company’s stock worth $63,201,000 after acquiring an additional 396,125 shares in the last quarter. Millennium Management LLC raised its stake in shares of Graco by 572.1% during the first quarter. Millennium Management LLC now owns 437,661 shares of the industrial products company’s stock worth $36,549,000 after acquiring an additional 372,543 shares in the last quarter. PineStone Asset Management Inc. raised its stake in shares of Graco by 9.1% during the second quarter. PineStone Asset Management Inc. now owns 3,911,372 shares of the industrial products company’s stock worth $336,261,000 after acquiring an additional 326,877 shares in the last quarter. Finally, Nuveen LLC purchased a new position in shares of Graco during the first quarter worth approximately $26,540,000. 93.88% of the stock is owned by hedge funds and other institutional investors.

Graco Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 5th. Investors of record on Monday, October 20th will be paid a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, October 20th. Graco’s dividend payout ratio (DPR) is currently 37.54%.

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.