Zacks Research Analysts Raise Earnings Estimates for Graco

Graco Inc. (NYSE:GGG) – Zacks Research boosted their Q4 2026 EPS estimates for shares of Graco in a research note issued to investors on Thursday, March 12th. Zacks Research analyst Team now forecasts that the industrial products company will earn $0.84 per share for the quarter, up from their previous estimate of $0.82. The consensus estimate for Graco’s current full-year earnings is $3.06 per share. Zacks Research also issued estimates for Graco’s Q1 2027 earnings at $0.74 EPS, Q2 2027 earnings at $0.90 EPS and FY2027 earnings at $3.46 EPS.

Graco (NYSE:GGG) last issued its earnings results on Monday, January 26th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.77. Graco had a net margin of 23.33% and a return on equity of 19.49%. The company had revenue of $593.16 million during the quarter, compared to analyst estimates of $591.99 million. During the same quarter last year, the business posted $0.64 EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis.

Other research analysts also recently issued research reports about the company. Weiss Ratings upgraded Graco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Jefferies Financial Group raised their price target on Graco from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Royal Bank Of Canada boosted their price target on Graco from $97.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. DA Davidson restated a “neutral” rating and issued a $85.00 price objective on shares of Graco in a report on Monday, February 2nd. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Graco in a research report on Tuesday, January 27th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $96.50.

Graco Trading Up 0.8%

Shares of NYSE:GGG opened at $87.58 on Monday. Graco has a 1 year low of $72.06 and a 1 year high of $95.69. The business has a fifty day simple moving average of $89.67 and a 200 day simple moving average of $85.35. The firm has a market cap of $14.52 billion, a price-to-earnings ratio of 28.34, a P/E/G ratio of 2.75 and a beta of 1.07.

Graco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Monday, April 13th will be given a $0.295 dividend. The ex-dividend date of this dividend is Monday, April 13th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.3%. Graco’s payout ratio is currently 38.19%.

Graco announced that its Board of Directors has initiated a stock buyback plan on Friday, December 5th that allows the company to repurchase 15,000,000 outstanding shares. This repurchase authorization allows the industrial products company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other news, EVP Angela F. Wordell sold 2,832 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $93.22, for a total transaction of $263,999.04. Following the completion of the sale, the executive vice president owned 13,360 shares in the company, valued at approximately $1,245,419.20. This represents a 17.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director J Kevin Gilligan sold 12,870 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $89.07, for a total value of $1,146,330.90. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 19,394 shares of company stock worth $1,739,326 over the last ninety days. 2.19% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Graco

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new stake in shares of Graco during the 3rd quarter worth $29,000. Assetmark Inc. raised its holdings in Graco by 42.6% in the 3rd quarter. Assetmark Inc. now owns 465 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 139 shares during the period. CX Institutional raised its holdings in Graco by 316.7% in the 3rd quarter. CX Institutional now owns 475 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 361 shares during the period. Geneos Wealth Management Inc. lifted its position in 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 acquiring an additional 452 shares during the last quarter. Finally, Field & Main Bank acquired a new position in Graco during the 4th quarter worth $41,000. 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.