Gorman-Rupp (NYSE:GRC) Upgraded at Zacks Research

Zacks Research upgraded shares of Gorman-Rupp (NYSE:GRC) from a hold rating to a strong-buy rating in a research report released on Wednesday morning,Zacks.com reports.

Several other research analysts have also recently issued reports on the stock. Weiss Ratings cut shares of Gorman-Rupp from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, June 12th. Freedom Capital upgraded shares of Gorman-Rupp to a “hold” rating in a report on Monday, May 18th. Finally, Wall Street Zen raised shares of Gorman-Rupp from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Gorman-Rupp presently has an average rating of “Buy”.

Gorman-Rupp Trading Up 2.7%

Shares of GRC stock opened at $81.76 on Wednesday. The stock has a market capitalization of $2.16 billion, a PE ratio of 36.66, a P/E/G ratio of 2.36 and a beta of 1.28. Gorman-Rupp has a 1-year low of $39.52 and a 1-year high of $92.78. The business has a 50-day moving average of $80.75 and a 200 day moving average of $69.40. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.93 and a quick ratio of 1.76.

Gorman-Rupp (NYSE:GRC) last announced its quarterly earnings results on Friday, July 24th. The industrial products company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.04. The business had revenue of $186.07 million for the quarter, compared to analysts’ expectations of $188.89 million. Gorman-Rupp had a return on equity of 15.08% and a net margin of 8.45%. As a group, sell-side analysts anticipate that Gorman-Rupp will post 2.6 earnings per share for the current year.

Gorman-Rupp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.19 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.76 annualized dividend and a yield of 0.9%. Gorman-Rupp’s payout ratio is 34.08%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its position in shares of Gorman-Rupp by 9.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 281,709 shares of the industrial products company’s stock worth $9,888,000 after purchasing an additional 25,033 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Gorman-Rupp by 13.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 64,912 shares of the industrial products company’s stock valued at $2,278,000 after buying an additional 7,667 shares during the period. Jane Street Group LLC raised its stake in Gorman-Rupp by 203.0% in the first quarter. Jane Street Group LLC now owns 48,499 shares of the industrial products company’s stock worth $1,702,000 after buying an additional 32,494 shares in the last quarter. Rhumbline Advisers raised its stake in Gorman-Rupp by 17.4% in the second quarter. Rhumbline Advisers now owns 36,865 shares of the industrial products company’s stock worth $1,354,000 after buying an additional 5,462 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in Gorman-Rupp by 8.6% in the second quarter. American Century Companies Inc. now owns 50,760 shares of the industrial products company’s stock worth $1,864,000 after buying an additional 4,020 shares during the period. 59.26% of the stock is owned by hedge funds and other institutional investors.

More Gorman-Rupp News

Here are the key news stories impacting Gorman-Rupp this week:

• Positive Sentiment: Gorman-Rupp reported second-quarter 2026 earnings of $0.74 per share, topping expectations and improving from $0.60 a year ago, while record net sales rose 3.9% to $186.1 million. Gorman-Rupp Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company declared a quarterly cash dividend of $0.19 per share, extending its streak to 306 consecutive quarterly dividend payments, which reinforces its appeal as a steady income name. Gorman-Rupp Company Declares Cash Dividend
• Positive Sentiment: Zacks Research upgraded GRC from “hold” to “strong-buy,” adding another bullish signal after the earnings report. Zacks Research upgrade
• Neutral Sentiment: Gorman-Rupp announced that CFO James C. Kerr will retire later and be succeeded by current Vice President of Finance Ronald F. Stoops on October 1, 2026, suggesting a planned leadership handoff rather than an abrupt change. The Gorman-Rupp Company Announces CFO Succession Plan
• Neutral Sentiment: Some commentary noted that revenue came in slightly below forecasts, which tempers the earnings beat but has not outweighed the stronger profit and dividend news. Gorman-Rupp shares gain after earnings beat despite revenue coming in below forecasts

About Gorman-Rupp

Gorman-Rupp Company is a U.S.-based manufacturer specializing in the design, production and distribution of pumps and pumping systems. Its product lineup includes centrifugal self-priming pumps, submersible pumps, vacuum priming pumps and engineered pumps for applications such as water and wastewater management, sewage handling, dewatering, industrial processing and agricultural irrigation. The company supports both standard pump requirements and custom engineered solutions for original equipment manufacturers (OEMs) and municipal clients.

Headquartered in Mansfield, Ohio, Gorman-Rupp has built a reputation for rugged, reliable equipment and aftermarket support services.